Berry Global price target raised to $81 from $74 at BofA

BofA raised the firm’s price target on Berry Global to $81 from $74 and keeps a Buy rating on the shares. The firm’s estimates moved up to $7.45, $8.10, and $8.95, respectively, in FY24, FY25, and FY26 as it notes its revisions particularly reflect its revised volume assumptions and additional credit on margin given several of the company’s internal efforts.