As previously reported, Wells Fargo upgraded Greif to Overweight from Equal Weight with a price target of $75, up from $64 given domestic cboard + URB market fundamentals turning more bullish and Greif’s leverage to an early-stage manufacturing recovery. Further, the firm thinks the negative catalyst of a worse-case 2024 guide has been digested.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on GEF:
