Bank of America Downgrades Owens-Illinois to Neutral

Bank of America Downgrades Owens-Illinois to Neutral Analysts at Bank of America downgraded Owens-Illinois, Inc.

from Buy to Neutral. The target price for Owens-Illinois has been lowered from $38 to $29. Owens-Illinois's shares have fallen 14.76% over the past 52 weeks, while the S&P 500 index has gained 14.89% in the same period. Owens-Illinois's fell 0.65% shares closed at $25.88 yesterday.