Ball Corp. price target lowered to $70 from $75 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Ball Corp. (BALL) to $70 from $75 and keeps an Overweight rating on the shares. Ball shares were down 7% following softer than expected volumes in the company’s North & Central America and South America segments, but the firm’s thesis is unchanged following that selloff as it continues to expect volume improvement in 2025, the analyst tells investors in a post-earnings note.