RBC Capital Maintains Outperform on O-I Glass, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on O-I Glass (NYSE:OI) but lowers the price target from $18 to $16.
November 01, 2024 | 5:21 pm
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RBC Capital has maintained its Outperform rating on O-I Glass but has lowered the price target from $18 to $16, indicating a slightly less optimistic outlook.
The maintenance of an Outperform rating suggests continued confidence in O-I Glass's performance, but the lowered price target indicates a tempered outlook, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100