O-I Glass shares are trading lower after multiple firms lowered their respective price targets on the stock. The company recently lowered its FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
O-I Glass shares are trading lower after multiple firms lowered their price targets on the stock. The company recently lowered its FY24 guidance.
August 01, 2024 | 7:27 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
O-I Glass shares are trading lower due to multiple firms lowering their price targets after the company reduced its FY24 guidance.
The reduction in FY24 guidance by O-I Glass has led to multiple firms lowering their price targets, which is causing the stock to trade lower. This indicates a negative short-term outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100