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Fly News Breaks for February 13, 2020
BERY
Feb 13, 2020 | 06:19 EDT
Credit Suisse analyst Lars Kjellberg reinstated coverage of Berry Global with an Outperform rating and $62 price target following a period of restriction. Berry's annual revenue growth of 12% is superior in the sector, Kjellberg tells investors in a research note. The analyst believes the recent poor share performance in the wake of the $6.5B RPC acquisition offers an attractive entry point.
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