Wells upgrades Ball Corp. to Overweight on refreshed c-suite, World Cup tailwind

As previously reported, Wells Fargo analyst Gabe Hajde upgraded Ball Corp. (BALL) to Overweight from Underweight with a price target of $60, up from $48, citing a refreshed c-suite and first half of the year World Cup tailwind. The firm says that while 2025 turned into a more challenging year than it originally expected, Wells is still waiting for a catalyst that will drive a rebound. K-shaped economy remains the firm’s top concern as low-end consumer health remains poor.