Truist lowered the firm’s price target on Ball Corp. (BALL) to $65 from $73 and keeps a Buy rating on the shares after its Q4 results. The company saw a significant capital return, but its North America business is still recovering, and the stock’s post-earnings decline was due to the weaker North American growth outlook and some hesitation around additional capacity given softer demand, the analyst tells investors in a research note.
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