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Truist Securities analyst Michael Roxland maintains Sonoco Products (NYSE:SON) with a Buy and lowers the price target from $65 to $64.
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Sonoco S.a.r.l., a wholly owned unit of Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, announces it will increase prices by 60 Euro
Read original at benzingaSonoco Products Company announced over $25 million in investments since 2024 to expand its Wood Reels manufacturing and assembly operations across Hartselle, Alabama and Jefferson, Texas, increasing capacity by more than 30%. The expansion is driven by surging demand for power and communications cable packaging from AI data center growth and power grid modernization. The Hartselle facility will add 15% incremental nailed wood manufacturing capacity and increase floorspace by 33%, while the company operates 22 assembly centers nationwide.
Read original at globenewswire-incTruist Securities analyst Michael Roxland maintains Sonoco Products (NYSE:SON) with a Buy and raises the price target from $64 to $68.
Read original at benzingaFiled: 2026-07-22 AccNo: 0000091767-26-000034 Size: 921 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Read original at edgar