Argus Research Downgrades Sonoco Prods to Hold
Portfolio Pulse from richadhand@benzinga.com
Argus Research analyst David Coleman has downgraded Sonoco Prods (NYSE:SON) from Buy to Hold.
August 04, 2023 | 1:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Sonoco Prods has been downgraded from Buy to Hold by Argus Research.
The downgrade from Buy to Hold by Argus Research indicates a less optimistic outlook for Sonoco Prods. This could potentially lead to a decrease in the stock price in the short term as investors may interpret this as a signal to sell or hold off on buying more shares.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100