UBS Maintains Buy on O-I Glass, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Curt Woodworth maintains a Buy rating on O-I Glass (NYSE:OI) but lowers the price target from $26 to $18.
July 17, 2024 | 4:08 pm
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NEUTRAL IMPACT
UBS analyst Curt Woodworth maintains a Buy rating on O-I Glass but lowers the price target from $26 to $18.
The Buy rating suggests continued confidence in O-I Glass's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100