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Amcor upgraded to Outperform from Neutral at Baird

Baird analyst Ghansham Panjabi upgraded Amcor (AMCR) to Outperform from Neutral with an unchanged price target of $10. The company is well positioned to post “competitive” earnings growth through fiscal 2027, led by synergies from Berry Global and debt deleveraging, the analyst tells investors in a research note. The firm believes Amcor could report double-digit earnings growth through fiscal 2027 at a minimum,.

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