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UPDATE: Citigroup Downgrades Ball Corp

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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

DateFirmActionFromTo
Sep 2014BMO CapitalInitiates Coverage onMarket Perform
Sep 2014BMO CapitalInitiates Coverage onMarket Perform
Aug 2014CitigroupDowngradesBuyNeutral

View More Analyst Ratings for BLL
View the Latest Analyst Ratings

Posted-In: Anthony Pettinari CitigroupAnalyst Color Downgrades Price Target Analyst Ratings

 

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