UPDATE: Citigroup Reiterates on Axiall Following Strong 4Q Report

In a report published Friday, Citigroup analyst P.J. Juvekar reiterated a Neutral rating on Axiall (NYSE: AXLL ), but lowered the price target from $51.00 to $48.00. In the report, Citigroup noted, “AXLL posted a strong 4Q as synergies are coming through faster than expected and Building Products margins are