Market Overview

UPDATE: Citigroup Downgrades Ball Corp

Related BLL
Ball Corporation, Rexam Announces $3.42 Billion Asset Sale To Appease Regulators
7 Stocks You Should Be Watching Today
Ball-Rexam merger wins U.S. antitrust approval but must sell eight plants (Seeking Alpha)

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

Mar 2016JP MorganUpgradesNeutralOverweight
Dec 2015JefferiesUpgradesHoldBuy
Dec 2015Wells FargoUpgradesMarket PerformOutperform

View More Analyst Ratings for BLL
View the Latest Analyst Ratings

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


Related Articles (BLL)

View Comments and Join the Discussion!