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Fly News Breaks for February 3, 2017
BLL
Feb 3, 2017 | 06:49 EDT
Jefferies analyst Philip Ng finds yesterday's post-earnings selloff in Ball Corp. as overdone since the underlying story is unchanged, but he admits the stock will likely be range bound until the company delivers stronger results, and investors get comfortable it can hit its EBITDA targets for 2017. The analyst lowered his price target for the shares to $90 from $93 and keeps a Buy rating on the name.
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