Baird raised the firm’s price target on Ball Corp. to $62 from $50 and keeps a Neutral rating on the shares. The firm noted there are several moving parts that the company has to cycle through in 2024 including diminished free cash flow, and as a result they believe that a realistic earnings algorithm for the company is more likely to manifest 2025 onwards.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BALL: