BofA analyst George Staphos lowered the firm’s price target on AptarGroup (ATR) to $167 from $175 and keeps a Neutral rating on the shares. Packaging and paper/forest stocks have come under renewed pressure, as the stocks have declined 15% relative to the market since June 30, notes the analyst, who sees a “mixed” Q3 ahead for the group.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ATR:
- Nasus Pharma announces expanded agreement to support NS002
- AptarGroup’s Strategic Shift to Pharma Drives Buy Rating Amid Profitability Gains
- AptarGroup price target lowered to $152 from $153 at Wells Fargo
- AptarGroup: Balancing Long-Term Potential with Short-Term Challenges – Hold Rating
- AptarGroup raises quarterly dividend ~7% to 48c per share