UBS Downgrades Sealed Air to Neutral, Announces $44 Price Target
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Joshua Spector has downgraded Sealed Air (NYSE:SEE) from Buy to Neutral and set a price target of $44.
August 11, 2023 | 1:40 pm
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Sealed Air has been downgraded from Buy to Neutral by UBS, with a new price target of $44.
The downgrade from Buy to Neutral by a major analyst like UBS could negatively impact investor sentiment towards Sealed Air, potentially leading to a short-term decrease in the stock price. The new price target of $44 also provides a benchmark that investors may use to reassess their positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100