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Truist Cuts PT on Amcor plc (AMCR) to $50 Amid Higher Energy and Freight Costs
Yahoo Finance· 2026-04-20 01:35
Amcor plc (NYSE:AMCR) reiterated its fiscal 2026 target for free cash flow of $1.8 billion to $1.9 billion and adjusted EPS of $4.00 to $4.15. The earnings range indicates 12% to 17% constant-currency growth and includes at least $260 million in pre-tax savings from the Berry acquisition. Truist analyst Michael Roxland reduced the firm's price target for Amcor plc (NYSE:AMCR) from $60 to $50, while keeping a "Buy" rating. He stated that his estimates now take into account the state of the market, which incl ...