12:00 PM EDT, 05/11/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We cut our 12-month target to $119 from $137, ~11x our 2026 EPS of $10.83 (cut from $11.43; 2027 EPS cut to $11.84 from $12.37) vs. the 13x long-term mean. Our revised outlook reflects ongoing challenges at the Argo facility, one of the company's largest manufacturing sites. In April 2026, this facility experienced its third major disruption in 18 months. While management has characterized these as separate incidents, the pattern suggests underlying operational issues. This latest disruption and associated costs prompted the company to lower its full-year EPS guidance. Additional headwinds include Mexican peso strength (costs are peso-denominated), rising energy prices, packaging inflation, tariffs, and concerns about indirect impacts on consumer demand in 2H 2026. Given the prolonged margin recovery in the F&II-U.S./Canada segment, we believe it is prudent to move to a Hold rating.