By Michele Maatouk
Date: Wednesday 04 Sep 2024
(Sharecast News) - Stifel downgraded DS Smith on Wednesday to 'hold' from 'buy' and cut the price target to 480p from 498p as it said the company's near-term earnings are under pressure.
"We lower our 2025-27 EBITDA by an average 2.4% on a less robust volume recovery and faster-than-expected containerboard price...
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