BofA upgraded Amcor (AMCR) to Buy from Underperform with an unchanged price target of $12.50. The pending merger with Berry (BERY) is “interesting” and the firm’s $12.50 target implies total return potential of 28%, the analyst tells investors. The firm is expecting more relative return and catalysts, the analyst added.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMCR: