O-I Glass price target lowered to $13 from $14 at Barclays

Barclays lowered the firm’s price target on O-I Glass (OI) to $13 from $14 and keeps an Equal Weight rating on the shares. The firm says that while it appreciates the new CEO’s emphasis on commercial excellence, the reality of a challenging volume and (rice backdrop continues to weigh on near-term results. It sees 2025 as a “show me” year for the company.