Citigroup Maintains Neutral on Amcor, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Neutral rating on Amcor (NYSE:AMCR) and raises the price target from $10 to $11.
August 20, 2024 | 4:15 pm
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Citigroup's analyst Anthony Pettinari maintains a Neutral rating on Amcor but raises the price target from $10 to $11, indicating a slightly positive outlook.
The increase in price target from $10 to $11 suggests a slightly positive outlook for Amcor, which could lead to a modest increase in investor interest and potentially a short-term price uptick. However, the Neutral rating indicates that the analyst does not foresee significant outperformance.
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