Baird Downgrades Berry Global Gr to Neutral, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ghansham Panjabi downgraded Berry Global Group (BERY) from Outperform to Neutral and reduced the price target from $68 to $65.
April 16, 2024 | 9:10 am
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Berry Global Group was downgraded by Baird from Outperform to Neutral, with a price target reduction from $68 to $65.
The downgrade by Baird reflects a less optimistic outlook on BERY's stock, likely due to factors that could limit its near-term growth or valuation. This analyst action can influence investor sentiment and potentially lead to a decrease in stock price in the short term.
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