BMO Capital Reiterates Outperform on Avery Dennison, Lowers Price Target to $252
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty has reiterated an Outperform rating for Avery Dennison (NYSE:AVY) but has slightly lowered the price target from $254 to $252.
September 19, 2024 | 2:37 pm
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BMO Capital has reiterated its Outperform rating for Avery Dennison, indicating continued confidence in the company's performance. However, the price target has been slightly reduced from $254 to $252, suggesting a minor adjustment in expected valuation.
The reiteration of the Outperform rating suggests that BMO Capital still sees positive prospects for Avery Dennison. The slight reduction in the price target indicates a minor adjustment in expectations, which may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100