AptarGroup downgraded to Equal Weight from Overweight at Wells Fargo

Wells Fargo downgraded AptarGroup (ATR) to Equal Weight from Overweight with a $133 price target The firm says that while 2025 turned into a more challenging year than it originally expected, Wells is still waiting for a catalyst that will drive a rebound. K-shaped economy remains the firm’s top concern as low-end consumer health remains poor. For AptarGroup, Wells sees lack of catalysts to outrun sluggish start of year fundamentals.