Barclays lowered the firm’s price target on Crown Holdings to $93 from $109 and keeps an Overweight rating on the shares post the Q4 report. The analyst says investors continue to be frustrated by more volatility than anticipated “in what should be a steady GARP” story.
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Read More on CCK:
- Crown Holdings falls 11% to $78.75 after Q4 results, FY24 outlook miss estimates
- CROWN HOLDINGS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
- Crown Holdings ceases operations at beverage can facilities in Ho Chi Minh City
- Crown Holdings sees FY24 adjusted EPS $5.80-$6.20, consensus $6.80
- Crown Holdings sees Q1 adjusted EPS 90c-$1.00, consensus $1.43
