Avery Dennison price target raised to $241 from $230 at Citi

Citi analyst Anthony Pettinari raised the firm’s price target on Avery Dennison to $241 from $230 and keeps a Neutral 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.