Truist analyst Michael Roxland lowered the firm’s price target on Avery Dennison (AVY) to $210 from $215 and keeps a Buy rating on the shares. Multiples across the firm’s coverage have compressed in recent weeks due to concerns over tariffs and the potential for a recession from slower consumer demand, the analyst tells investors in a research note.
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Read More on AVY:
- Avery Dennison price target lowered to $194 from $208 at Raymond James
- Avery Dennison initiated with a Hold at Jefferies
- Hold Rating on Avery Dennison Amid Macroeconomic Challenges and Market Uncertainties
- AVY Upcoming Earnings Report: What to Expect?
- Avery Dennison files automatic mixed securities shelf
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