UBS Downgrades Avery Dennison to Neutral, Lowers Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Spector has downgraded Avery Dennison (NYSE:AVY) from Buy to Neutral and lowered the price target from $262 to $235.

July 25, 2024 | 11:50 am
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NEGATIVE IMPACT
UBS analyst Joshua Spector downgraded Avery Dennison from Buy to Neutral and reduced the price target from $262 to $235.
The downgrade from Buy to Neutral and the reduction in the price target by UBS is likely to negatively impact investor sentiment and could lead to a short-term decline in Avery Dennison's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100