Canaccord analyst Brian McNamara lowered the firm’s price target on Reynolds Consumer Products (REYN) to $27 from $30 and keeps a Hold rating on the shares. The firm updated its model and lowered its target ahead of Q1 results after analyzing Circana sales, Semrush search data, and social media activity across four companies in their coverage universe.
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Read More on REYN:
- Reynolds Consumer Products price target lowered to $26 from $29 at UBS
- Reynolds Consumer Products price target lowered to $24 from $26 at JPMorgan
- Reynolds Consumer Products price target lowered to $22 from $23 at Barclays
- Reynolds Consumer Products price target lowered to $27 from $31 at Stifel
- Reynolds Consumer Products price target lowered to $23 from $25 at Barclays