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Amcor (AMCR) Delivers Strong EPS and Synergy Gains After Berry Merger, Truist Reiterates Buy
Amcor (AMCR) reported strong quarterly earnings, with adjusted EPS of $0.86, surpassing analyst expectations. The company also achieved $55 million in synergies after the Berry business merger, exceeding its target. Truist Securities reiterated its Buy rating and a $60 price target for Amcor, acknowledging its potential as an investment.