Citi raised the firm’s price target on Avery Dennison to $234 from $223 and keeps a Neutral rating on the shares. The analyst upset updated containers and packaging models ahead of Q1 earnings season. The firm expects packagers to reiterate fiscal year outlooks, as demand and costs mostly tracked in-line with expectations.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVY:
- Avery Dennison margin improvement goals constructive, says Loop Capital
- Avery Dennison price target raised to $240 from $200 at Argus
- Avery Dennison price target raised to $249 from $200 at Argus
- Avery Dennison Board Changes and Governance Updates
- Avery Dennison appoints Maria Fernanda Mejia to board of directors
