RBC Capital Maintains Outperform on Silgan Hldgs, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan has maintained an 'Outperform' rating on Silgan Holdings (NYSE:SLGN), but lowered the price target from $51 to $49.

October 26, 2023 | 5:43 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Despite a lowered price target, Silgan Holdings maintains an 'Outperform' rating from RBC Capital, indicating a positive outlook.
The 'Outperform' rating suggests that RBC Capital expects Silgan Holdings to do better than the market average or its peers. However, the lowering of the price target might indicate a slightly less optimistic view of the company's future performance. This could potentially lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100