$SON

SONOCO PRODUCTS CO (SON) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement On September 25, 2026 (the “Closing Date”), Sonoco Products Company (the “Company”) entered into a first amendment (the “First Amendment”) to its Credit Agreement (the “Existing Credit Agreement” and, as amended by the First Am

Sonoco S.a.r.l., a subsidiary of Sonoco (SON), will raise uncoated recycled paperboard prices by 60 Euro/ton in the EMEA region from September 15, 2026, citing inflation and geopolitical pressures. The company reported $7.5B in 2025 net sales.

Analysts updated price targets for several companies. HC Wainwright cut Ultragenyx's (RARE) target to $25. Needham raised UiPath's (PATH) target to $22. BTIG increased Netskope's (NTSK) target to $18 and Snowflake's (SNOW) to $424. Needham also raised Magnite's (MGNI) target to $30. Cantor Fitzgerald boosted Broadcom's (AVGO) target to $600. Baird increased CrowdStrike's (CRWD) target to $235. Rothschild & Co raised Moderna's (MRNA) target to $81 but downgraded it. B of A cut Sonoco's (SON) targ

Analysts upgraded Broadcom (AVGO) to Outperform with a $490 target, Deere (DE) to Outperform with an $813 target, and Dell (DELL) to Outperform with a $625 target. Moderna (MRNA) was downgraded to Sell with an $81 target. Seaport Research initiated Buy ratings on Devon Energy (DVN), Permian Resources (PR), and Viper Energy (VNOM).

Sonos unveiled its new app, Sonos 27, alongside two new products: the Beam Ultra soundbar and Ace Ultra headphones. The app introduces features like Sonos Fabric for speaker grouping, improved design and controls, advanced voice control, AI agents, and enhanced headphone and surround sound capabilities. Sonos plans to release updates annually, similar to Apple's iOS.

Sonos launched a new app with AI features, a soundbar (Beam Ultra), and headphones (Ace Ultra). The app includes voice control, custom AI agents, and system health diagnostics. Sonos 27 OS supports newer hardware, excluding older S1 devices. The company aims to reposition itself as an audio operating system, not just a speaker maker.

Sonoco Products Company's unit, Sonoco S.a.r.l., will raise paperboard prices by 60 Euro per ton in the EMEA region starting September 15, 2026, citing inflation and geopolitical pressures. The increase aims to offset rising energy and transportation costs. Sonoco operates 19 plants and 5 paperboard mills in Europe, with $7.5 billion in 2025 net sales.

Sonoco Products Company appointed Francesco Giannolo as vice-president and general manager for its EMEA consumer packaging business. Giannolo, who joined in 2019, will report to Ernest Haynes, head of the company's global consumer packaging segment, which generates $5.2bn in yearly sales. Sonoco reported $7.5bn in net sales in 2025.

Sonos may launch a new compact soundbar, the S59, with upgraded wireless tech. FCC approval reveals Bluetooth and Wi-Fi 6 support. Details like specs, price, and launch timing are unconfirmed. The Beam Gen 2, priced at $499, is the current model. Competition in the soundbar market has increased since its 2021 debut.

Sonoco Products appointed Ernest Haynes as President, Global Consumer Packaging, overseeing about US$5.20B in annual sales, 98 operations in 25 countries, and 11,250 employees, after Sean Cairns exited. The article links the change to Sonoco’s sustainability focus, acquisition integration, and 2026 sales guidance of US$7.25B to US$7.75B.