Barclays lowered the firm’s price target on Reynolds Consumer Products (REYN) to $23 from $25 and keeps an Equal Weight rating on the shares. Ahead of Q1 earnings, the firm revisited estimates across beverages and consumer products to account for slower consumer demand in the U.S. among other headwinds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on REYN:
- Reynolds Consumer Products Refinances $1.645 Billion Loan
- Ex-Dividend Date Nearing for These 10 Stocks – Week of February 10, 2025
- Reynolds Consumer Products Inc. Reports Robust 2024 Earnings Amid 2025 Challenges
- Reynolds Consumer Products price target lowered to $30 from $31 at Canaccord
- Reynolds Consumer Products price target lowered to $25 from $27 at Barclays