RBC Capital Downgrades Sealed Air to Sector Perform, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has downgraded Sealed Air (NYSE:SEE) from Outperform to Sector Perform and lowered its price target from $43 to $40.
July 19, 2024 | 9:36 am
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RBC Capital has downgraded Sealed Air from Outperform to Sector Perform and reduced the price target from $43 to $40.
The downgrade from Outperform to Sector Perform and the reduction in the price target from $43 to $40 by RBC Capital is likely to negatively impact Sealed Air's stock price in the short term. Downgrades and lower price targets typically signal reduced confidence in the company's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100