Sonoco Reports First Quarter 2024 Results

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Sonoco Products (SON) PT Lowered to $64 at Citi, 'Solid Start to the '24 "Show-Me Story"'

May 2, 2024 12:13 PM EDT

Citi analyst Anthony Pettinari lowered the price target on Sonoco Products (NYSE: SON) to $64.00 (from $65.00) while maintaining a Buy rating.

The analyst comments "SON shares outperformed on solid 1Q results and an effectively reiterated FY guide (-$0.10 to $5.00-5.30 accounting for... More