Truist lowered the firm’s price target on Silgan Holdings (SLGN) to $52 from $54 and keeps a Buy rating on the shares. The firm cites the company’s Q1 results while noting that the management’s guidance continues to reflect some level of conservatism as Silgan accounts for unknown risks around underlying customer demand and customer preferences as well as incremental inflation headwinds, the analyst tells investors in a research note.
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Read More on SLGN:
- Silgan Holdings price target lowered to $47 from $53 at JPMorgan
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