Ball Corp. upgraded to Buy from Hold at Truist

Truist analyst Michael Roxland upgraded Ball Corp. to Buy from Hold with a price target of $76, up from $67. Since June 5, the stock price has declined by about 12%, notes the analyst, who views the selloff as on that affords an attractive entry point given the company’s earnings growth, free cash flow generation plans to largely return cash flow to shareholders, potential for multiple expansion, and low leverage.