Canaccord raised the firm’s price target on Reynolds Consumer Products (REYN) to $27 from $25 and keeps a Hold rating on the shares. The firm said they reported Q3 results that were nicely above expectations on both sales and profitability. Although continuing to cite a challenging operating environment, the company raised FY2025 guidance due to confidence in retail trends and the implementation of internal initiatives to drive near- and longer-term results.
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Read More on REYN:
- Reynolds Consumer Products Reports Steady Q3 2025 Performance
- Reynolds Consumer Products’ Earnings Call Highlights Market Gains
- Reynolds raises FY25 adjusted EPS view to $1.60-$1.64 from $1.54-$1.61
- Reynolds Consumer Products reports Q3 adjusted EPS 42c, consensus 39c
- Reynolds Consumer Products sees Q4 adjusted EPS 56c-60c, consensus 55c