RBC Capital Maintains Outperform on Ball, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on Ball Corporation but lowers the price target from $77 to $75.
October 17, 2024 | 5:35 pm
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NEUTRAL IMPACT
RBC Capital continues to rate Ball Corporation as Outperform, indicating confidence in the company's performance, but slightly lowers the price target to $75, suggesting a modest adjustment in expected valuation.
The Outperform rating suggests continued confidence in Ball's performance, which is positive. However, the slight reduction in the price target from $77 to $75 indicates a minor adjustment in expected valuation, which could be seen as neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100