Wells Fargo Upgrades Ardagh Metal Packaging to Overweight, Raises Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has upgraded Ardagh Metal Packaging (NYSE:AMBP) from Equal-Weight to Overweight and increased the price target from $4.25 to $5.
October 15, 2024 | 12:54 pm
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POSITIVE IMPACT
Wells Fargo has upgraded Ardagh Metal Packaging from Equal-Weight to Overweight, raising the price target from $4.25 to $5, indicating a positive outlook.
The upgrade from Equal-Weight to Overweight by Wells Fargo suggests increased confidence in Ardagh Metal Packaging's performance. The raised price target from $4.25 to $5 indicates expectations of stock price appreciation, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100