Truist lowered the firm’s price target on Avery Dennison (AVY) to $203 from $204 and keeps a Buy rating on the shares as part of a broader research note previewing Q3 results in Packaging and Paper/Forest Products. The firm is “selectively” adjusting its estimates, having met with companies in its coverage to review quarterly trends while also including a $40/ton containerboard price increase effective February 2026, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVY: