Raymond James Initiates Coverage On Sonoco Prods with Outperform Rating, Announces Price Target of $62
Portfolio Pulse from Benzinga Newsdesk
Raymond James has initiated coverage on Sonoco Products (NYSE:SON) with an Outperform rating and set a price target of $62.
July 19, 2024 | 9:17 am
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Raymond James has initiated coverage on Sonoco Products with an Outperform rating and a price target of $62.
The initiation of coverage with an Outperform rating and a specific price target of $62 by a reputable analyst from Raymond James is likely to positively impact Sonoco Products' stock price in the short term. This rating suggests confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100