Truist Securities Maintains Hold on Sealed Air, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland has maintained a Hold rating on Sealed Air (NYSE:SEE) and increased the price target from $38 to $40.

January 04, 2024 | 4:09 pm
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NEUTRAL IMPACT
Truist Securities analyst Michael Roxland maintained a Hold rating on Sealed Air and raised the price target from $38 to $40.
The Hold rating suggests that Truist Securities does not see significant upside or downside in the near term for Sealed Air's stock, indicating a neutral outlook. However, the increase in the price target from $38 to $40 implies a slightly more positive view on the company's valuation, which could lead to some positive sentiment among investors. The impact is likely to be moderate as the rating did not change to Buy or Sell, and the price target increase is relatively small.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100