Truist lowered the firm’s price target on Silgan Holdings (SLGN) to $53 from $62 and keeps a Buy rating on the shares after its below-consensus outlook and FY25 guidance cut accompanying in-line Q3 results. The stock sold off on investor concerns surrounding the revised guidance, lower growth expectations, and inconsistent execution the last few quarters, the analyst tells investors in a research note.
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Read More on SLGN:
- Silgan Holdings Reports Strong Q3 2025 Earnings Growth
- Silgan Holdings price target lowered to $51 from $67 at Jefferies
- Silgan Holdings reports Q3 adjusted EPS $1.22, consensus $1.22
- Silgan Holdings cuts FY25 adjusted EPS view to $3.66-$3.76 from $3.85-$4.05
- Silgan Holdings sees Q4 adjusted EPS 62c-72c, consensus 87c