Ardagh Metal price target raised to $8.00 from $6.50 at Credit Suisse

Credit Suisse raised the firm’s price target on Ardagh Metal to $8.00 from $6.50 and keeps an Outperform rating on the shares. While Brazil weakness is likely to be a modest headwind in Q2, there is a free cash flow inflection point on the horizon, which is bullish for the stock, the analyst tells investors in a research note.