** BMO raises price target on labeling materials maker Avery Dennison AVY.N to $224 from $215, reiterates "outperform" rating

** New PT represents a 16.1% upside to stock's last close

** Brokerage says AVY's profit per share to rebound in 2026 and 2027, driven by solid growth in its intelligent labels segment and a post-tariff recovery in apparel production and consumption trends

** Co expects Q1 adjusted profit per share of $2.40 to $2.46, largely in line with analysts' average expectations of $2.43 -data compiled by LSEG

** AVY fell 2.8% in 2025

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))