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Fly News Breaks for January 9, 2019
BERY
Jan 9, 2019 | 07:03 EDT
UBS analyst Edlain Rodriguez raised his price target on Berry Global to $62 from $59 and called it a top pick for 2019. The analyst raised his estimates on the recent decline in resin costs and he expects consensus estimates to move higher. The analyst said key raw materials prices were major headwinds at the end of their fiscal year, but they tumbled in November and December. Rodriguez reiterated his Buy rating on Berry Global shares.
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