BofA downgraded Sonoco (SON) to Neutral from Buy with a price target of $56, down from $62.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SON:
- Sonoco price target lowered to $46 from $50 at UBS
- Positive Outlook for Sonoco Products: Strategic Transformation and Financial Flexibility Drive Buy Rating
- Citi trims Sonoco target, opens ‘upside 90-day catalyst watch’
- Sonoco Products’ Strategic Divestiture and Portfolio Focus Earns Buy Rating
- Sonoco Products Sells ThermoSafe Unit for $725 Million
