UPDATE: Citigroup Downgrades Ball Corp
In a note released Friday, Citigroup analyst Anthony Pettinari downgraded shares of Ball Corp (NYSE: BLL) from Buy to Neutral and maintained a price target of $66.
Pettinari's downgrade comes amid the belief that current levels adequately reflect the stock's value.
"While we remain positive on management initiatives and see multi-year 10-15 percent EPS growth targets as achievable, much of the potential seems priced in," wrote Pettinari.
Latest Ratings for BLL
|Jul 2016||Barclays||Initiates Coverage on||Equal-weight|
|Mar 2016||JP Morgan||Upgrades||Neutral||Overweight|
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