Axalta Coating Systems Reaches Analyst Target Price
May 28, 2020 at 08:49 AM EDT
In recent trading, shares of Axalta Coating Systems Ltd (AXTA) have crossed above the average analyst 12-month target price of $23.80, changing hands for $23.90/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..