Mizuho Maintains Buy on Crown Holdings, Lowers Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Roberts maintains a Buy rating on Crown Holdings (NYSE:CCK) but lowers the price target from $105 to $96.

February 06, 2024 | 7:21 pm
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Mizuho analyst John Roberts maintains a Buy rating on Crown Holdings but lowers the price target from $105 to $96.
While the reduction in price target from $105 to $96 by Mizuho could suggest a tempered outlook on Crown Holdings' stock performance, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the analyst's ongoing endorsement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100