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- Brady (NYSE:BRC) and Pactiv Evergreen (NASDAQ:PTVE) on Tuesday were upgraded to Buy in a report by analysts at Bank of America. Brady (BRC) previously had an investment rating of Underperform, while Pactiv (PTVE) had been rated Neutral.
- Conversely, Ball (NYSE:BALL) and Avery Dennison (NYSE:AVY) were downgraded to Underperform because they’re more likely to “lag after their recent rallies,” according to BofA. Ball (BALL) previously was rated Neutral, while Avery Dennison (AVY) was rated Buy.
- BofA’s paper and forest products analysts raised the price target for Brady (BRC) to $65 a share from $51 a share, and for Pactiv (PTVE) to $16 a share from $14 a share. They lowered the target for Ball (BALL) to $59 a share from $61 a share, and maintained a target for Avery Dennison (AVY) at $208 a share.
More on Avery Dennison, Ball, etc.
- Brady Corporation: Strong Fundamentals With Solid Growth Prospects
- The High P/E Of Avery Dennison Is Too Rich For Me
- Brady Corporation (BRC) Q1 2024 Earnings Call Transcript
- White House warns military funding for Ukraine is nearly gone
- Brady Non-GAAP EPS of $1.00 beats by $0.05, revenue of $331.98M misses by $10M