Stifel Upgrades Amcor (AMCR) to Buy Despite PT Cut, Cites Scale from Berry Merger, While Wells Fargo Cites Sluggish Volumes

Amcor (NYSE:AMCR) is one of the best high volume stocks to buy according to Wall Street analysts. On October 15, Wells Fargo lowered the firm’s price target on Amcor to $9 from $11, while keeping an Overweight rating on the shares. Wells Fargo noted that packaging stocks like Amcor have largely lagged the broader market in Q3 2025, as sluggish volumes are a major obstacle. Even with most companies performing well, the firm doesn’t anticipate a significant positive change.

However, on October 10, Stifel analyst Lars Kjellberg upgraded Amcor to Buy from Hold, despite a slight cut on the price target to $10.20 from $10.83. This sentiment was announced due to the merger of Amcor and Berry, which happened earlier this year and created a consumer packaging company that the analyst believes to be quite large in scale. At the same time, Kjellberg noted that promised synergies will be challenging to deliver to the bottom line.

Amcor (NYSE:AMCR), together with its subsidiaries, produces and sells packaging products in Europe, North America, Latin America, and the Asia Pacific. The company operates in two segments: Global Flexible Packaging Solutions and Global Rigid Packaging Solutions.

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Disclosure: None. This article is originally published at Insider Monkey.