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SON

Sonoco

$50.52

0.07 (0.14%)

09:50
10/02/17
10/02
09:50
10/02/17
09:50

Sonoco Products increasing prices for all resin-based products in North America

Sonoco announced it is implementing a price increase for all resin-based products sold in North America. The increase amounts by formulation are: CPET/PET - 15%, PE - 10%, PP - 5%. The increase, which impacts thermoformed, injection-molded and extrusion-molded products, is effective with shipments beginning October 15.

  • 19

    Oct

SON Sonoco
$50.52

0.07 (0.14%)

08/02/17
VERT
08/02/17
UPGRADE
Target $45
VERT
Hold
Sonoco Products upgraded to Hold from Sell at Vertical Research
Vertical Research analyst Chip Dillion upgraded Sonoco Products to Hold with a $45 price target citing valuation.
08/02/17
08/02/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Pfizer (PFE) upgraded to Outperform from Market Perform at BMO Capital with analyst Alex Arfaei saying he expects "positive updates" on the company's pipeline that could improve investors' view on the company. 2. Royal Caribbean (RCL) upgraded to Neutral from Sell at Goldman Sachs with analyst Stephen Grambling citing "strong" leisure trends following the company's better than expected second quarter results. 3. Illumina (ILMN) upgraded to Equal-Weight from Underweight at First Analysis with analyst Joseph Munda saying concerns regarding sequencing overcapacity in the marketplace and the potential rate of adoption for NovaSeq are diminishing based on performance in the quarter. 4. Agios Pharmaceuticals (AGIO) upgraded to Outperform from Market Perform at Leerink with analyst Michael Schmidt citing his higher-level conviction regarding the commercial opportunity for its IDH inhibitors Idhifa and ivosidenib in acute myeloid leukemia following Idhifa FDA-approval and his recent checks indicating a high degree of enthusiasm for these agents in the physician community pointing to potential good initial uptake. 5. Sonoco Products (SON) upgraded to Hold from Sell at Vertical Research with analyst Chip Dillion citing valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/04/17
VERT
08/04/17
UPGRADE
VERT
Hold
Sonoco Products upgraded to Hold from Sell at Vertical Research
09/06/17
BOFA
09/06/17
UPGRADE
BOFA
Buy
Sonoco Products uupgraded to Buy from Underperform at BofA/Merrill
BofA/Merrill analyst George Staphos upgraded Sonoco Products two notches to Buy from Underperform to reflect a margin recovery, volume improvement, portfolio optimization, and relative value. The analyst made no change to estimates and maintained a $56 price target on Sonoco shares.

TODAY'S FREE FLY STORIES

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ASOMY

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