UBS upgraded Avery Dennison (AVY) to Buy from Neutral with a price target of $218, up from $181. The firm views the company’s deal with Walmart (WMT) as a “tipping point.” Both Avery’s radio-frequency identification and adjusted earnings growth could inflect higher in 2026, the analyst tells investors in a research note. UBS thinks the company can post 10% earnings growth in 2026, and then 12% longer term. This is supported by a new Walmart RFID rollout into bakery, meat, and deli sections of the store, contends UBS.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVY:
- Avery Dennison Reports Solid Q3 2025 Performance
- Avery Dennison’s Earnings Call: Growth Amid Challenges
- Early notable gainers among liquid option names on October 22nd
- Walmart, Avery Dennison announce new RFID innovation for fresh categories
- Avery Dennison reports Q3 adjusted EPS $2.37, consensus $2.33