O-I Glass price target lowered to $14 from $15 at Barclays

Barclays lowered the firm’s price target on O-I Glass to $14 from $15 and keeps an Equal Weight rating on the shares post the Q2 report. The analyst says the new CEO is adamant “Fit to Win is “not another cost-out initiative” but rather a fundamental shift in business, but investors are skeptical.