Raymond James Maintains Outperform on Avery Dennison, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Matt Roberts has maintained an Outperform rating on Avery Dennison (NYSE:AVY) and increased the price target from $199 to $225.
January 25, 2024 | 1:13 pm
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POSITIVE IMPACT
Avery Dennison's stock may see a positive short term impact due to Raymond James' maintained Outperform rating and raised price target from $199 to $225.
Analyst ratings and price target adjustments are significant indicators for investors. The increase in price target by Raymond James suggests a strong confidence in Avery Dennison's performance and potential for growth, which is likely to be viewed positively by the market and could lead to a short term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100