RBC Capital lowered the firm’s price target on Reynolds Consumer Products (REYN) to $25 from $28 and keeps a Sector Perform rating on the shares. The company delivered solid Q4 results, demonstrating pricing power and operational momentum, but its initial FY26 guidance was somewhat suppressed, with key concerns around continued foam category headwinds and competitive promotional intensity in waste/food bags, the analyst tells investors in a research note.
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Read More on REYN:
- Reynolds Consumer Products price target raised to $26 from $25 at UBS
- Reynolds Consumer Products rises 15.3%
- Reynolds Consumer Products reports Q4 adjusted EPS 59c, consensus 59c
- Reynolds Consumer Products sees Q1 adjusted EPS 23c-25c, consensus 26c
- Reynolds Consumer Products sees FY26 adjusted EPS $1.57-$1.63, consensus $1.74