Raymond James Maintains Outperform on Silgan Hldgs, Lowers Price Target to $50
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Sam Darkatsh has maintained an 'Outperform' rating on Silgan Holdings (NYSE:SLGN), but lowered the price target from $55 to $50.
July 27, 2023 | 11:41 am
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NEUTRAL IMPACT
Despite a lowered price target, Silgan Holdings maintains an 'Outperform' rating from Raymond James, indicating a positive outlook.
The lowered price target might initially seem negative, but the maintained 'Outperform' rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100