Mizuho Maintains Neutral on Sealed Air, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Roberts has maintained a Neutral rating on Sealed Air (NYSE:SEE) and lowered the price target from $39 to $36.
May 03, 2024 | 12:18 pm
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NEGATIVE IMPACT
Mizuho analyst John Roberts maintains a Neutral rating on Sealed Air and lowers the price target from $39 to $36.
The reduction in price target by Mizuho reflects a negative outlook on Sealed Air's stock price in the short term. A lower price target can often lead to a decrease in investor confidence and potentially a decrease in stock price, especially when the rating is maintained at Neutral, indicating no strong positive catalysts in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100