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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMCR:
- Amcor initiated with a Market Perform at Raymond James
- 3 Best Dividend Stocks, According to Analysts, 4/22/2025
- Amcor completes advanced coating facility construction in Malaysia
- 3 Best Dividend Stocks, According to Analysts, 3/31/2025
- Amcor, Berry Global receive U.S. antitrust clearance for combination
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue