Baird analyst Ghansham Panjabi said Berry Global's Q3 EBITDA miss is "weighing on confidence" and acknowledges that the company has disappointed in FY19 in terms of execution, but he views the post-earnings selloff in the shares as overdone. Volatility in Berry shares after earnings "is the norm rather than the exception," said Panjabi, who added that the company's management gave "unnecessarily vague" guidance commentary on their earnings conference call. Despite the Q3 miss and guidance, he thinks the market seems to be overlooking accretion related to the RPC deal, said Panjabi, who keeps an Outperform rating and $60 price target on Berry Global shares.