Baird analyst Ghansham Panjabi lowered the firm’s price target on Avery Dennison (AVY) to $210 from $220 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results noting its growth drivers remain intact and it remains a Top Pick.
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Read More on AVY:
- Avery Dennison downgraded to Neutral from Overweight at JPMorgan
- Avery Dennison price target lowered to $210 from $225 at Barclays
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