Wolfe Research upgraded Axalta Coating (AXTA) to Outperform from Peer Perform with a $41 price target The firm sees a continuation of global share gains for Axalta in both its refinish and auto platforms. Wolfe remains cautious on the macro environment, but Axalta’s ability to establish profit momentum ahead of end market improvements should be evident in 2025, the analyst tells investors in a research note. Wolfe says that while the company’s core end markets remain soft, its execution has been among the best in its coverage.
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