AMC News: Earnings Release: Here's Why Analysts Cut Their Amcor plc (NYSE:AMCR) Price Target To US$10.96 - 6th May 2023, 10:08pm

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Last week, you might have seen that Amcor plc (NYSE:AMCR) released its third-quarter result to the market. The early response was not positive, with shares down 5.0% to US$10.42 in the past week. It was an okay result overall, with revenues coming in at US$3.7b, roughly what the analysts had been expecting. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's busin...

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