Truist Securities Downgrades Berry Global Gr to Hold, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland downgraded Berry Global Group (BERY) from Buy to Hold and reduced the price target from $75 to $68.

March 27, 2024 | 11:26 am
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Berry Global Group was downgraded by Truist Securities from Buy to Hold with a price target reduction from $75 to $68.
The downgrade from Buy to Hold suggests a more cautious outlook on BERY by Truist Securities, potentially due to underlying challenges or limited upside. The reduction in the price target further indicates a revised valuation that could lead to short-term negative sentiment among investors, likely pressuring the stock price.
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