Sealed Air (SEE) PT Lowered to $33 at Jefferies

Jefferies analyst Philip Ng lowered the price target on Sealed Air (NYSE: SEE) to $33.00 (from $34.00) while maintaining a Hold rating.

The analyst comments "As fundamentals stabilize in Protective benefiting from SEE's go-to-market strategy, the Food business is weakening. With the stock trading at a discounted multiple (6.6x 2026E EV/EBITDA) & SEE executing well, the LT bias is likely to the upside, but shares could trade sideways until we get clarity it can grow earnings in 2026."

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