Barclays Maintains Equal-Weight on O-I Glass, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead has maintained an Equal-Weight rating on O-I Glass (NYSE:OI) but has lowered the price target from $14 to $13.
October 31, 2024 | 5:50 pm
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Barclays has maintained its Equal-Weight rating on O-I Glass but reduced the price target from $14 to $13, indicating a slightly less optimistic outlook.
The reduction in the price target from $14 to $13 by Barclays suggests a slightly less optimistic view on O-I Glass's future performance. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
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