BofA analyst George Staphos lowered the firm’s price target on Ball Corp. (BALL) to $61 from $68 and keeps a Neutral rating on the shares. Packaging and paper/forest stocks have come under renewed pressure, as the stocks have declined 15% relative to the market since June 30, notes the analyst, who sees a “mixed” Q3 ahead for the group.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BALL:
- Ball Corp. price target lowered to $55 from $61 at UBS
- Ball Corp. price target lowered to $61 from $68 at Mizuho
- Ball Corp. price target lowered to $53 from $60 at Citi
- Kimberly-Clark names Stacey Valy Panayiotou as Chief Human Resources Officer
- Ball Corp. closes sale of 41% interest in Saudi Arabia joint venture for $70M