Wells Fargo analyst Gabe Hajde lowered the firm’s price target on Crown Holdings (CCK) to $86 from $88 and keeps an Equal Weight rating on the shares. The firm believes beverage can manufacturers face the most significant headwinds within its coverage to start 2025, driven by an “already challenging” macro backdrop, trade policy risks, the “Make America Healthy Again” agenda, and the Surgeon General’s warning on alcohol.
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Read More on CCK:
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