Jefferies Starts Sonoco Products (SON) at Hold
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Price: $58.12 +0.38%
Rating Summary:
8 Buy, 11 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 12 | New: 20
Rating Summary:
8 Buy, 11 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 12 | New: 20
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Jefferies initiates coverage on Sonoco Products (NYSE: SON) with a Hold rating and $38 price target.
The firm states, "While we like Sonoco's total solutions approach and believe it is a great operator, with shares trading in line with its historical average and a lack of M&A activity, we are initiating coverage with a Hold rating and a $38 price target."
For more ratings news on Sonoco Products click here and for the rating history of Sonoco Products click here.
Shares of Sonoco Products closed at $34.78 yesterday.
The firm states, "While we like Sonoco's total solutions approach and believe it is a great operator, with shares trading in line with its historical average and a lack of M&A activity, we are initiating coverage with a Hold rating and a $38 price target."
For more ratings news on Sonoco Products click here and for the rating history of Sonoco Products click here.
Shares of Sonoco Products closed at $34.78 yesterday.
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