Wells Fargo analyst Gabe Hajde lowered the firm’s price target on Crown Holdings (CCK) to $86 from $88 and keeps an Equal Weight rating on the shares. The firm believes beverage can manufacturers face the most significant headwinds within its coverage to start 2025, driven by an “already challenging” macro backdrop, trade policy risks, the “Make America Healthy Again” agenda, and the Surgeon General’s warning on alcohol.
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Read More on CCK:
- Crown Holdings upgraded to Overweight from Equal Weight at Morgan Stanley
- Crown Holdings price target lowered to $108 from $113 at UBS
- Crown Holdings price target lowered to $100 from $110 at Mizuho
- Crown Holdings price target lowered to $101 from $107 at BofA
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