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O-I Glass downgraded to Neutral from Buy at BofA

BofA downgraded O-I Glass (OI) to Neutral from Buy with a price target of $17, up from $15. Earnings and/or volumes could decelerate into 2026, and BofA thinks it might be difficult for defensiveness and “easy compares” to drive performance in packaging, should the economy improve, the analyst tells investors in a research note.

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