UBS initiated coverage of Sonoco (SON) with a Neutral rating and $48 price target The firm’s view on Sonoco is balanced. It likes the transition of the portfolio to fewer larger businesses with scale advantages, but has questions around growth and EBITDA of the new portfolio, particularly at the new European food can business.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SON:
- Stocks slide as Trump threatens new tariffs against EU and Apple: Morning Buzz
- Sonoco upgraded to Overweight from Underweight at Wells Fargo
- Sonoco upgraded to Overweight from Equal Weight at Wells Fargo
- Sonoco Products Reports Strong Q1 2025 Results
- Sonoco Products Shines in Earnings Call Amid Challenges