BofA Upgrades Avient (AVNT) Amid Improved Industry Conditions
Bank of America upgraded its rating for Avient Corporation to Neutral from Underperform due to improving industry conditions and a healthier balance sheet. The firm raised the price target to $96 from $66, citing strong backlog levels, favorable book-to-bill ratios, and stabilized inventory.
Tickers: $AVNT
Topics: Avient BofA Upgrade Earnings Projections