RBC Capital Maintains Outperform on Berry Global Gr, Lowers Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on Berry Global Group (NYSE:BERY) but reduces the price target from $78 to $74.
November 21, 2023 | 5:54 pm
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NEUTRAL IMPACT
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on Berry Global Group but lowers the price target from $78 to $74.
The reduction in price target may cause some investors to adjust their expectations for BERY's stock performance, but the maintenance of an Outperform rating suggests that the analyst still has a positive outlook on the company's prospects. This mixed signal could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100