Greif price target raised to $76 from $72 at Wells Fargo

Wells Fargo raised the firm’s price target on Greif (GEF) to $76 from $72 and keeps an Overweight rating on the shares. The firm expects a “noisy” Q3 report due to the pending containerboard asset sale but believes Greif’s underlying results will be stable. The company will end the year with an under-levered balance sheet, which could bring an “active” 2026, the analyst tells investors in a research note.