Ardagh Metal Packaging price target raised to $4.30 from $3.60 at BofA

BofA analyst George Staphos raised the firm’s price target on Ardagh Metal Packaging (AMBP) to $4.30 from $3.60 and keeps an Underperform rating on the shares. Having been relatively positive on packaging, BofA thinks it might be difficult for defensiveness and “easy compares” to drive performance in packaging, should the economy improve, the analyst tells investors in a research note.