01:30 PM EDT, 04/01/2025 (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 trim our 12-month target by $2 to $65, on an EV/EBITDA of 7.9x our 2025 EBITDA estimate, a discount to SON's three-year average forward EV/EBITDA of 8.0x. We maintain our 2025 EPS view at $6.21 and raise 2026 by $0.16 to $6.63. SON has completed the sale of its Thermoformed and Flexibles Packaging business (TFP) to TOPPAN Holdings Inc. today (April 1, 2025) for total after-tax proceeds of $1.5B. As expected, the company will utilize the proceeds to reduce leverage, which we still expect to be ~3.3x by the end of 2025. Our outlook is largely unchanged since our last research note, as we remain bullish on SON's series of M&A transactions through this transitionary period. With the inclusion of a full year of Eviosys results, Q1 inclusion of TFP results, and Q1-Q3 ThermoSafe business inclusion (expected to be sold in second half of 2025), we forecast 2025 Y/Y revenue growth of 26.5%, 27.0% adjusted EPS growth, and adjusted EBITDA growth of 34.1%.