Citi lowered the firm’s price target on Ball Corp. (BALL) to $53 from $60 and keeps a Neutral rating on the shares. The firm updated models in the packaging space ahead of Q3 earnings season. It believes demand and price trends are tracking with the companies’ outlooks.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BALL:
- Kimberly-Clark names Stacey Valy Panayiotou as Chief Human Resources Officer
- Ball Corp. closes sale of 41% interest in Saudi Arabia joint venture for $70M
- Ball Corporation Completes $750 Million Senior Notes Offering
- Ball Corporation Announces $750M Senior Notes Offering
- Ball Corporation’s Earnings Call Highlights Strong Growth
