Morgan Stanley downgraded Ball Corp. (BALL) to Equal Weight from Overweight with a price target of $63, down from $68. 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 downgrades Ball.
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 BALL:
- Ball Corp. price target raised to $69 from $65 at Truist
- Wells upgrades Ball Corp. to Overweight on refreshed c-suite, World Cup tailwind
- Ball Corp. upgraded to Buy from Neutral at Citi
- Ball Corp. upgraded to Overweight from Underweight at Wells Fargo
- Ball Corp. price target raised to $63 from $61 at BofA