JP Morgan Maintains Overweight on Avery Dennison, Raises Price Target to $218
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeffrey Zekaukas maintains an Overweight rating on Avery Dennison (NYSE:AVY) and raises the price target from $185 to $218.

February 01, 2024 | 2:22 pm
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POSITIVE IMPACT
JP Morgan analyst Jeffrey Zekaukas maintains an Overweight rating on Avery Dennison and raises the price target from $185 to $218.
The increase in price target by a reputable analyst like Jeffrey Zekaukas from JP Morgan is a strong positive signal for Avery Dennison. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. Given the significant raise from $185 to $218, this endorsement could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100