Avient Corporation (AVNT) Target Boosted to $46 at Baird Following Strong Execution

Avient Corporation (NYSE:AVNT) is among the 9 Undervalued Chemical Stocks to Buy According to Hedge Funds.

Avient Corporation (AVNT) Target Boosted to $46 at Baird Following Strong Execution

Avient Corporation (NYSE:AVNT) is one of the best chemical stocks on our list.

TheFly reported on February 13 that Baird raised its price target on AVNT to $46 from $34 and maintained a Neutral rating on the stock. The update came after the company’s recent results, which showed continued strong execution across its operations.

On February 12, Avient Corporation (NYSE:AVNT) stated that it projects adjusted earnings per share (EPS) to climb between 4% and 12%, or $2.93 and $3.17, for the entire year 2026. Additionally, the estimate projects a free cash flow of more than $200 million and an adjusted EBITDA of $555 million to $585 million, or 2% to 7% growth. This forecast gives the business more alternatives for future capital deployment and, when combined with a healthy cash position on the balance sheet, essentially matches Wall Street’s expectations.

In more recent news, on February 16, AVNT Corporation reported that its Board of Directors declared a quarterly cash dividend of $0.275 per share on its common stock. Shareholders of record as of March 17, 2026, are expected to receive the dividend on April 3, 2026.

Avient Corporation (NYSE:AVNT) is a global provider of specialty polymers and colorants, delivering innovative, sustainable solutions across industries like packaging, automotive, and healthcare to enhance product performance and environmental responsibility.

While we acknowledge the potential of AVNT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AVNT and that has a 100x upside potential, check out our report about the cheapest AI stock.

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