Truist Securities Maintains Hold on Sealed Air, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland has maintained a 'Hold' rating on Sealed Air (NYSE:SEE) but lowered the price target from $43 to $38.
October 03, 2023 | 1:40 pm
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NEGATIVE IMPACT
Sealed Air's price target has been lowered from $43 to $38 by Truist Securities, though the 'Hold' rating is maintained.
The lowering of the price target by Truist Securities indicates a less optimistic outlook for Sealed Air's stock in the short term. This could potentially lead to a decrease in the stock's price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100