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Truist Is Bullish On Avery Dennison, Sees Sharp Upside

Truist analyst Michael Roxland Avery Dennison Corp (NYSE:AVY) initiated coverage with a Buy rating and a price target of $227 (an upside of…
byAkanksha Bakshi
March 25, 2022
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  • Truist analyst Michael Roxland Avery Dennison Corp (NYSE:AVY) initiated coverage with a Buy rating and a price target of $227 (an upside of 33%).
  • Roxland argues that the Street underestimates growth in RFID and Intelligent Labels.
  • Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification inlays and labels.
  • Price Action: AVY shares traded higher by 2.39% at $170.80 on the last check Friday.
 
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By Benzinga Insights
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Over the past 3 months, 13 analysts have published their opinion on UnitedHealth Group (NYSE:UNH) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

UNH