Ardagh Metal Packaging price target lowered to $4 from $4.50 at Citi

Citi lowered the firm’s price target on Ardagh Metal Packaging to $4 from $4.50 and keeps a Buy rating on the shares. The analyst updated models in containers and packaging ahead of the Q2 reports. Expectations for Q2 prints are “potentially quite low following sharp share price weakness over the past month,” the analyst tells investors in a research note.