BUZZ-Ball Corp rises after Citigroup upgrades to 'buy'

Reuters01-06
BUZZ-Ball Corp rises after Citigroup upgrades to 'buy'

** Shares of aluminum packaging maker Ball Corp BALL.N up 2.1% at $55.04 in premarket trading

** Citigroup upgrades stock to "buy" from "neutral," raises PT to $67 from $54

** Brokerage says Ron Lewis’s appointment as CEO will help sharpen co’s strategies and prioritize high‑return, profitable growth

** Citi expects North America volumes to rise Y/Y, helped by strong energy drink demand from partners KO and Red Bull, and gains in soft drinks and seltzers that can offset beer headwinds

** 9 of 17 brokerages rate stock "buy" or higher, 7 "hold", 1 "sell"; median PT of $62.77 - data compiled by LSEG

** BALL fell ~4% in 2025

(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@thomsonreuters.com))

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