O-I Glass upgraded to Overweight from Equal Weight at Wells Fargo

Wells Fargo upgraded O-I Glass (OI) to Overweight from Equal Weight with a price target of $18, up from $15, citing self-help driven profit growth. The firm says that while 2025 turned into a more challenging year than it originally expected, Wells is still waiting for a catalyst that will drive a rebound. K-shaped economy remains the firm’s top concern as low-end consumer health remains poor.