Baird Maintains Neutral on Amcor, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ghansham Panjabi maintains a Neutral rating on Amcor (NYSE:AMCR) and raises the price target from $10 to $11.

August 16, 2024 | 10:33 am
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Baird analyst Ghansham Panjabi maintains a Neutral rating on Amcor and raises the price target from $10 to $11.
The raised price target from $10 to $11 suggests a positive outlook on Amcor's stock, which could lead to a slight increase in investor confidence and a potential short-term price uptick. However, the Neutral rating indicates that the stock may not outperform the market significantly.
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IMPORTANCE 70
RELEVANCE 100