KeyBanc Lifts Myers Industries Price Target to $26, Citing Strategic Shift and Capex Tailwinds
KeyBanc has increased its 12-month price target for Myers Industries to $26 from $21 while maintaining an Overweight rating. The change reflects expectations for a leaner plastics-focused company following the anticipated sale of the MTS business, potential upside from an industrial capital expenditure cycle, and the company’s strong cash generatio…