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Amcor price target lowered to $11 from $12 at Truist

Truist lowered the firm’s price target on Amcor (AMCR) to $11 from $12 and keeps a Buy rating on the shares. Multiples across the firm’s coverage have compressed in recent weeks due to concerns over tariffs and the potential for a recession from slower consumer demand, the analyst tells investors in a research note.

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