BofA lowered the firm’s price target on Ardagh Metal Packaging (AMBP) to $3.60 from $4 and keeps an Underperform rating on the shares. The firm noted it remains Underperform given the company’s capital structure and substantial leverage, even as the stock has done quite well in recent periods. The firm added that it expects Ardagh to lose some share in North America in 2026 as well.
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