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Raymond James Sticks to Their Hold Rating for Amcor (AMCR)
In a report released yesterday, from Raymond James reiterated a Hold rating on Amcor. The company’s shares closed yesterday at $41.10.
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In addition to Raymond James, Amcor also received a Hold from Wells Fargo’s Gabrial Hajde in a report issued on April 14. However, on April 15, Truist Financial maintained a Buy rating on Amcor (NYSE: AMCR).
Based on Amcor’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.45 billion and a net profit of $177 million. In comparison, last year the company earned a revenue of $3.24 billion and had a net profit of $163 million
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