Ball Corp. price target raised to $82 from $74 at RBC Capital

RBC Capital raised the firm’s price target on Ball Corp. to $82 from $74 and keeps an Outperform rating on the shares after its Q1 earnings beat. The firm is also boosting its FY24 EPS view by 10c to $3.10 and its FY25 view by 15c to $3.50 on increased volume expectations for FY24, along with improved operating efficiencies, better execution, improved balance sheet post-Aerospace sale, and increased buybacks, the analyst tells investors in a research note.