BofA analyst George Staphos raised the firm’s price target on Sonoco (SON) to $68 from $60 and keeps a Buy rating on the shares following the company’s investor day meeting. After the event, the firm increased EPS estimates to $6.05 and $6.70 for 2026 and 2027, respectively, driven by structural cost improvements and volume growth.
Claim 55% 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: