Crown Holdings price target raised to $110 from $95 at Barclays

Barclays analyst Michael Leithead raised the firm’s price target on Crown Holdings to $110 from $95 and keeps an Overweight rating on the shares. The company’s adjusted Q2 EPS of $1.68 topped expectations and was at the high end of its prior guidance of $1.60 – $1.70, the analyst tells investors in a research note. Crown’s North America growth figures in recent months help ease concerns, and investors should increasingly focus on the return to a cash story in FY24, Barclays added.