B of A Securities Upgrades Avery Dennison to Buy, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Avery Dennison (NYSE:AVY) from Underperform to Buy, raising the price target from $207 to $250.
October 17, 2024 | 11:15 am
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POSITIVE IMPACT
B of A Securities has upgraded Avery Dennison from Underperform to Buy, with a new price target of $250, up from $207.
The upgrade from Underperform to Buy by B of A Securities is a strong positive signal for Avery Dennison, suggesting increased investor confidence. The raised price target to $250 indicates expectations of future growth, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100