Avient Corporation (AVNT) Tops Q4 EPS by 4c, Beats on Revenue; Offers FY24 EPS Guidance

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Go back to Avient Corporation (AVNT) Tops Q4 EPS by 4c, Beats on Revenue; Offers FY24 EPS Guidance

Morgan Stanley on Avient Corp. (AVNT): 'We expect a largely neutral response to results and outlook'

February 14, 2024 7:45 AM EST

Morgan Stanley analyst Angel Castillo reiterated an Equalweight rating and $40.00 price target on Avient Corp. (NYSE: AVNT)

The analyst comments "We expect a largely neutral response to results and outlook. Avient's 4Q EBITDA of $114 million came in above MSe of $110 million and consensus of $112 million. While 1Q EPS guidance of $0.68 is above consensus of $0.58,... More