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UPDATE: Citigroup Downgrades Ball Corp

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The Vetr community has upgraded $BLL to 2-Stars. (Vetr)

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
Apr 2015CitigroupMaintainsNeutral
Mar 2015JefferiesMaintainsHold
Feb 2015JP MorganMaintainsNeutral

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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