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Fly News Breaks for February 16, 2018
BERY
Feb 16, 2018 | 08:37 EDT
Baird analyst Ghansham Panjabi said the weakness in Berry Global is a buying opportunity. The analyst said the risk/reward is skewed to the upside and the sluggish core volumes/margin pressure from higher resin prices will likely moderate by the second half of 2018. Panjabi reiterated his Outperform rating and $70 price target on Berry Global shares.