Barclays Maintains Overweight on Ardagh Metal Packaging, Lowers Price Target to $5
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Michael Leithead maintains an Overweight rating on Ardagh Metal Packaging (NYSE:AMBP) but lowers the price target from $6 to $5.
July 31, 2023 | 10:21 am
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Barclays has maintained an Overweight rating on Ardagh Metal Packaging but lowered the price target from $6 to $5.
The news is directly about Ardagh Metal Packaging. Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may indicate a potential downside, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100