Truist analyst Bill Chappell lowered the firm’s price target on Reynolds Consumer Products (REYN) to $30 from $35 and keeps a Buy rating on the shares ahead of quarterly results. The firm cites recent market dynamics and multiple contraction across industry groups.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on REYN:
- Reynolds Consumer Products price target lowered to $27 from $30 at Canaccord
- 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