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BofA Lowers Avery Dennison (AVY) Target as Deutsche Bank Starts Coverage Bullish
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Avery Dennison Corporation (NYSE:AVY) is included among the 15 Best Low Volatility Blue Chip Stocks to Buy Now. Photo by NeONBRAND on Unsplash On April 6, Avery Dennison Corporation (NYSE:AVY) saw its price target reduced by BofA to $201 from $210. The firm kept a Buy rating on the stock as part of its preview of the packaging and paper group. A few days earlier, on April 1, Deutsche Bank began coverage of Avery Dennison with a Buy rating and a $200 price target. The firm introduced its broader view on the packaging sector, noting it is “navigating a complex and evolving economic landscape” in early 2026. The analyst pointed out that last year’s challenges, including weak consumer demand and rising costs, have carried into this year. On top of that, higher oil prices and tariff pressures are adding strain, making conditions more difficult for the industry. Within the sector, Deutsche Bank said it is “constructive on the rigid and flexible packaging group” while remaining “cautious” on the fiber-based packaging group. Avery Dennison Corporation (NYSE:AVY) operates as a global materials science and digital identification solutions provider. It offers branding and information solutions designed to improve labor and supply chain efficiency, reduce waste, and support sustainability and transparency, while helping connect brands with consumers. While we acknowledge the potential of AVY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 15 Cheapest Stocks with Highest Dividends and 15 Best Consistent Dividend Stocks to Buy Right Now Disclosure: None. Follow Insider Monkey on Google News.
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