RBC Capital lowered the firm’s price target on Reynolds Consumer Products (REYN) to $25 from $30 and keeps a Sector Perform rating on the shares. The company had a challenging start to the year as management tempered full year profitability guidance in response to tariffs and the resulting cost headwinds, as well as negative impact to consumer confidence, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on REYN:
- Reynolds Consumer Products price target lowered to $25 from $26 at UBS
- Reynolds Consumer Products: Hold Rating Amidst Retailer Destocking and Tariff Challenges
- Reynolds Consumer Products price target lowered to $26 from $27 at Canaccord
- Reynolds Consumer Products Q1 2025 Financial Overview
- Reynolds Consumer Products sees FY25 adjusted EPS $1.54-$1.61, consensus $1.62