Piper Sandler Upgrades AdvanSix (ASIX) to Overweight

Piper Sandler analyst Charles Neivert upgraded AdvanSix (NYSE: ASIX) from Neutral to Overweight with a price target of $32.00 (from $26.00).

The analyst comments "We are upgrading ASIX shares to OW from Neutral to reflect the earnings benefit of the ammonium sulfate business as well as the relatively small impact of tariffs and the nylon, nylon intermediate and chemical intermediate businesses. We see earnings holding up better than most other chemical shares in our coverage universe."

For an analyst ratings summary and ratings history on AdvanSix click here. For more ratings news on AdvanSix click here.

Shares of AdvanSix closed at $23.48 yesterday.

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