Wells Fargo lowered the firm’s price target on AptarGroup (ATR) to $170 from $180 and keeps an Overweight rating on the shares. The firm notes AptarGroup’s shares “took a beating” on Friday, owing to comments on tax, FX being a 2025 EPS headwind and a quarterly slowdown in Pharma organic growth. However, underlying performance “remains superb” with Well’s long-term thesis unchanged, the firm adds.
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