Morgan Stanley analyst Stefan Diaz raised the firm’s price target on Ardagh Metal Packaging (AMBP) to $4.30 from $4.10 and keeps an Equal Weight rating on the shares. The firm forecasts global beverage can demand growth of 2.3% in 2026 and prefers to align its ratings where it sees the potential for higher earnings revisions and greater return on investment, the analyst tells investors. Given this backdrop, it reiterates an Overweight rating and $129 price target on Crown (CCK) and remains Equal Weight on Ardagh.
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