Ball Corp. price target lowered to $78 from $83 at Loop Capital

Loop Capital analyst Alton Stump lowered the firm’s price target on Ball Corp. (BALL) to $78 from $83 and keeps a Buy rating on the shares. The firm notes that the company reported a “solid beat” and volume growth in all three segments, though consolidated EBITDA of $455M in Q1 declined modestly from $459M a year ago, the analyst tells investors in a research note.