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Investing.com - Jefferies maintained its Buy rating on Avient Corp. (NYSE:AVNT) on Thursday, keeping its price target at $44.00. The $3.34 billion market cap company currently trades at $36.48, with InvestingPro analysis indicating the stock is undervalued relative to its Fair Value.
The research firm expects choppy end-market trends to continue in the near term for the specialty materials company.
Jefferies’ forecast anticipates sales acceleration for Avient in 2026-2027, contingent on sufficient near-term stimulus initiatives changing demand trends by next summer.
The firm’s rerating thesis is based on structural upgrades in product mix being validated by faster organic growth and margin expansion.
Jefferies noted that in a cyclical recovery, Avient should benefit as a "better-quality way to get cyclical exposure."
In other recent news, Avient Corp reported its second-quarter 2025 earnings, surpassing analyst expectations. The company achieved an adjusted earnings per share (EPS) of $0.80, slightly above the forecast of $0.79. Avient’s revenue reached $866.5 million, exceeding the anticipated $853.32 million. These results indicate a strong performance for the quarter, with the company also providing a positive outlook for the remainder of the year. Strategic initiatives are in place to support further growth. Additionally, the stock experienced a rise in pre-market trading following the earnings announcement. Analysts and investors are closely watching Avient’s performance as it continues to execute its growth strategies.
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