With upside potential, Amcor plc (AMCR) Stock is well-positioned to grow

Truist raised the price target for the Amcor plc (NYSE:AMCR) stock to ‘a Hold’. The rating was released on March 25, 2023, according to finviz. We previously noted in another research note published on March 25, 2023 by BofA Securities that downgraded the stock from a Buy to an Underperform with a price target of $12.30 for AMCR stock. The research report from BofA Securities has upgraded the stock from Underperform to Buy, with a price target set at $13.20. The stock was downgraded by Goldman, who disclosed in a research note on June 18, 2021, from Neutral to Sell and set the price objective to $11.

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