Argus raised the firm’s price target on Avery Dennison to $249 from $200 and keeps a Buy rating on the shares. The firm believes Avery Dennison merits a higher valuation based on the company’s growth prospects and its record of outperformance versus its peer group, the analyst tells investors in a research note.
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Read More on AVY:
- Avery Dennison Board Changes and Governance Updates
- Avery Dennison price target lowered to $248 from $249 at Truist
- Avery Dennison price target raised to $215 from $190 at Baird
- Avery Dennison sees FY24 adjusted EPS $9.00-$9.50, consensus $9.46
- Avery Dennison reports Q4 adjusted EPS $2.16, consensus $2.17
