Truist Securities Maintains Hold on Amcor, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland has maintained a 'Hold' rating on Amcor (NYSE:AMCR) and lowered the price target from $11 to $10.
November 02, 2023 | 7:28 pm
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Amcor's price target has been lowered from $11 to $10 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities indicates a potential decrease in the stock's value. The 'Hold' rating suggests that the stock is expected to perform in line with the market or sector in the short term, but the lowered price target could negatively impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100