Barclays Maintains Equal-Weight on O-I Glass, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead has maintained an Equal-Weight rating on O-I Glass (NYSE:OI) but lowered the price target from $18 to $16.
November 02, 2023 | 3:33 pm
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NEGATIVE IMPACT
Barclays has maintained an Equal-Weight rating on O-I Glass but lowered the price target from $18 to $16.
The lowering of the price target by Barclays from $18 to $16 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on O-I Glass's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100