On Nov 01, major Wall Street analysts update their ratings for $Axalta Coating Systems (AXTA.US)$, with price targets ranging from $40 to $46.
Morgan Stanley analyst Vincent Andrews maintains with a hold rating, and adjusts the target price from $35 to $40.
Barclays analyst Michael Leithead maintains with a buy rating, and adjusts the target price from $42 to $44.
KeyBanc analyst Aleksey Yefremov maintains with a buy rating, and adjusts the target price from $44 to $45.
RBC Capital analyst Arun Viswanathan maintains with a buy rating, and adjusts the target price from $44 to $46.
Seaport Global analyst Michael Harrison CFA maintains with a buy rating, and maintains the target price at $44.
Furthermore, according to the comprehensive report, the opinions of $Axalta Coating Systems (AXTA.US)$'s main analysts recently are as follows:
The company's reported third-quarter results surpassed expectations and indicated an upward trend, supporting the positive outlook for a 'New Axalta' with above-industry earnings growth.
Axalta Coating seems to be capturing a larger market share to counteract the general softness in industry volumes, as observed after the recent earnings report.
The firm views the Q3 update as a significant step toward enhancing confidence in the management's strategy and execution.
Here are the latest investment ratings and price targets for $Axalta Coating Systems (AXTA.US)$ from 5 analysts:
Note:
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