JPMorgan Upgrades Ball Corporation Stock to 'Overweight'
JPMorgan Chase & Co. has upgraded Ball Corporation's (NYSE: BALL) stock rating to 'overweight' from 'neutral', according to a research note issued on Friday by Briefing.com.
The brokerage firm also set a price target of $65.00, indicating a potential upside of 6.98% from the current price of $60.76 per share.
This upgrade comes as several other brokerages have recently made adjustments to their ratings and price targets for BALL stock. Wells Fargo & Company increased its target price to $72.00 with an 'overweight' rating, while Mizuho set a $72.00 price target without assigning a specific rating.
In contrast, Citigroup downgraded BALL from 'buy' to 'reduce', and Truist Financial established a $78.00 price objective for the stock.