Sonoco price target lowered to $60 from $61 at Jefferies

Jefferies lowered the firm’s price target on Sonoco (SON) to $60 from $61 and keeps a Buy rating on the shares. After “disappointing” Q3 volume and mix and a 2025 guide down, the firm sees sentiment as “at a trough” and believes a restocking cycle in early 2026 “seems very plausible,” the analyst tells investors.