Truist Securities Upgrades Sealed Air to Buy, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland upgraded Sealed Air (NYSE:SEE) from Hold to Buy and increased the price target from $39 to $44.
April 08, 2024 | 11:18 am
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POSITIVE IMPACT
Sealed Air upgraded to Buy from Hold by Truist Securities, with a price target increase from $39 to $44.
Upgrades by analysts, especially with a significant price target increase, typically lead to positive short-term price movements as they reflect a positive change in the company's outlook. The upgrade from Hold to Buy suggests a strong confidence in Sealed Air's future performance, potentially attracting more investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100