Avient (AVNT) Earns Bullish KeyBanc Coverage on New Growth Strategy

Core Insights - Avient Corporation (NYSE:AVNT) is recognized as a leading investment opportunity in the specialty chemicals sector, with KeyBanc initiating coverage with a price target of $48 and an Overweight rating [1][2] - The company is under the leadership of newly appointed CEO Ashish Khandpur, who is driving a new organic growth strategy [1][2] Strategic Initiatives - Avient aims to enhance cross-selling opportunities while concentrating on high-growth platforms and markets [2] - The company is integrating innovations and expertise from various segments to support its strategic goals [2] - KeyBanc noted that Avient has made significant hires and established a new incentive program to facilitate its expansion strategy [2] Company Overview - Avient Corporation is a specialty polymer materials manufacturer located in Avon Lake, Ohio, offering products such as thermoplastic compounds, plastic colorants, and additives [3]