Ball Corp. price target raised to $62 from $50 at Baird

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.