Sonoco price target lowered to $68 from $69 at Truist

TipRanks

Thu, April 16, 2026 astatine 7:02 AM CDT 1 min read

Truist lowered the firm’s price target connected Sonoco (SON) to $68 from $69 and keeps a Buy standing connected the shares arsenic portion of a broader probe enactment previewing Q1 results successful Packaging and Paper Products. The steadfast is updating its estimates to bespeak existent marketplace conditions, including elevated vigor and freight costs, on with the ongoing trends gleaned during its caller check-ins with the absorption and comments made during the caller manufacture conferences, the expert tells investors successful a probe note.

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