Silgan Holdings upgraded to Strong Buy from Outperform at Raymond James

Raymond James upgraded Silgan Holdings (SLGN) to Strong Buy from Outperform with a price target of $60, down from $65. Silgan’s portfolio transformation towards higher-value Dispensing products and the margin expansion story remain underappreciated with ample runway for both organic and inorganic higher-value growth opportunities, the analyst tells investors in a research note. The firm expects better visibility in its 2025 guidance and some cushion amid consumer and tariff uncertainty given generally consistent demand in Metal Containers and positive read-throughs from customers seemingly corroborating Silgan’s 2025 volume targets.