Truist raised the firm’s price target on Ball Corp. (BALL) to $69 from $62 and keeps a Buy rating on the shares as part of a broader research note on Packaging and Paper/Forest Product names. The firm is updating its models after having caught up with companies under coverage to discuss quarterly trends, the analyst tells investors in a research note. Q2 appears to have been a mixed bag overall, with can-makers performing well, while other packaging names have suffered from a persistently weak consumer, tariff uncertainty, and one-off events, Truist added.
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Read More on BALL:
- Ball Corp. price target raised to $60 from $54 at UBS
- Ball Corp. downgraded to Neutral from Buy at BofA
- Ball Corp. price target raised to $63 from $55 at Citi
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