Truist analyst Michael Roxland lowered the firm’s price target on Sealed Air (SEE) to $33 from $44 and keeps a Buy rating on the shares. Multiples across the firm’s coverage have compressed in recent weeks due to concerns over tariffs and the potential for a recession from slower consumer demand, the analyst tells investors in a research note.
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Read More on SEE:
- Sealed Air price target lowered to $36 from $42 at Raymond James
- Sealed Air price target lowered to $32 from $39 at Mizuho
- Sealed Air upgraded to Buy from Neutral at UBS
- Sealed Air’s Potential Upside: Buy Rating Amidst Market Challenges and Strategic Initiatives
- Sealed Air removed from ‘Analyst Current Favorites’ list at Raymond James