Citigroup Maintains Buy on Sonoco Prods, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Buy rating on Sonoco Products (NYSE:SON) and raises the price target from $62 to $63.
October 02, 2024 | 7:23 pm
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Citigroup has reaffirmed its Buy rating on Sonoco Products and increased the price target from $62 to $63, indicating a positive outlook.
The reaffirmation of a Buy rating and a slight increase in the price target by Citigroup suggests confidence in Sonoco's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100