Truist analyst Bill Chappell lowered the firm’s price target on Reynolds Consumer Products (REYN) to $30 from $35 and keeps a Buy rating on the shares ahead of quarterly results. The firm cites recent market dynamics and multiple contraction across industry groups.
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Read More on REYN:
- Reynolds Consumer Products price target lowered to $27 from $30 at Canaccord
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- Reynolds Consumer Products price target lowered to $27 from $31 at Stifel