RBC Capital Maintains Outperform on Sealed Air, Lowers Price Target to $45
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Arun Viswanathan has maintained an 'Outperform' rating on Sealed Air (NYSE:SEE) but lowered the price target from $47 to $45.
August 09, 2023 | 3:06 pm
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Sealed Air's price target has been lowered from $47 to $45 by RBC Capital, though the 'Outperform' rating is maintained.
While the 'Outperform' rating suggests that RBC Capital expects Sealed Air to outperform the market, the lowering of the price target may indicate a slightly less optimistic outlook. However, as the rating remains positive, the impact on the stock price is likely to be neutral in the short term.
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