Baird raised the firm’s price target on AptarGroup (ATR) to $156 from $145 and keeps an Outperform rating on the shares. The firm updated its model following results which saw improved earnings visibility where the investment profile looks incrementally more constructive.
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Read More on ATR:
- Balanced View on AptarGroup: Solid Underlying Pharma Performance Offset by Near-Term Headwinds and Underwhelming Beauty & Closures, Justifying a Hold Rating
- AptarGroup sees Q1 adjusted EPS $1.13-$1.21, consensus $1.23
- AptarGroup reports Q4 adjusted EPS $1.25, consensus $1.23
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- AptarGroup downgraded to Equal Weight from Overweight at Wells Fargo