Raymond James Maintains Outperform on Silgan Hldgs, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Matt Roberts has maintained an 'Outperform' rating on Silgan Holdings (NYSE:SLGN) but lowered the price target from $55 to $49.
October 26, 2023 | 1:29 pm
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NEUTRAL IMPACT
Silgan Holdings' price target has been lowered from $55 to $49 by Raymond James, though the 'Outperform' rating is maintained.
The news is directly about Silgan Holdings. The lowering of the price target might indicate a potential downside, but the maintained 'Outperform' rating suggests that the analyst still sees the company as a good investment. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100