Wells Fargo lowered the firm’s price target on Greif (GEF) to $67 from $75 and keeps an Overweight rating on the shares. The firm thinks Greif’s Q2 will reflect the challenging macro backdrop, particularly in industrial end markets. Looking out to 2026, a much-improved FX envir and URB price hikes offset the profit effects of negative demand trends plus lower cboard prices.
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