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Fly News Breaks for July 5, 2016
BLL
Jul 5, 2016 | 09:16 EDT
Baird analyst Ghansham Panjabi says that while Ball Corp. has "fundamentally improved" its critical mass position, he believes investors have underestimated the "favorable shift" in product consumption at the end-market level that should boost the margin structure for the company and the rest of the metal beverage can industry. Panjabi reiterates an Outperform rating and $85 price target on the shares, noting that risk/reward appears favorable.
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