Mizuho Maintains Neutral Rating for Sealed Air: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Mizuho has maintained a Neutral rating for Sealed Air (NYSE:SEE) and increased its price target from $36.00 to $40.00. Sealed Air's shares are currently trading at $36.34, and the new price target suggests a potential upside of 10.07%. Sealed Air operates in food packaging and industrial/e-commerce packaging solutions.
December 28, 2023 | 5:00 pm
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Mizuho maintains a Neutral rating on Sealed Air but raises the price target from $36 to $40, indicating a potential 10.07% increase in stock value.
The increase in price target by Mizuho reflects a positive outlook on Sealed Air's stock, potentially leading to increased investor confidence and a short-term rise in stock price. However, the Neutral rating indicates that Mizuho does not see significant momentum beyond the revised target, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100