Truist Securities Maintains Buy on Avery Dennison, Lowers Price Target to $209
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland has maintained a 'Buy' rating on Avery Dennison (NYSE:AVY), but lowered the price target from $215 to $209.
October 26, 2023 | 6:03 pm
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Avery Dennison's price target has been lowered by Truist Securities from $215 to $209, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could indicate a potential decrease in the stock's value. However, the maintained 'Buy' rating suggests that the analyst still sees potential for growth in the stock, which could balance out any negative impact from the lowered price target.
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