Wells Fargo raised the firm’s price target on Crown Holdings (CCK) to $105 from $97 and keeps an Equal Weight rating on the shares. The firm notes Crown Holdings’ Q3 beat even its elevated expectations, benefiting from strong Americas and Europe vols. That said, 2025 outlook commentary was slightly cautious as volumes grow in line with market and PPI represents a modest headwind.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCK:
- Crown Holdings price target raised to $112 from $100 at Barclays
- Crown Holdings price target raised to $107 from $106 at BofA
- Closing Bell Movers: Netflix gains 5% as Q3 earnings, Q4 guidance top estimates
- Crown Holdings reports Q3 adjusted EPS $1.99, consensus $1.80
- Crown Holdings raises FY24 adjusted EPS view to $6.25-$6.35 from $6.00-$6.25
