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Fly News Breaks for October 3, 2018
BLL
Oct 3, 2018 | 07:17 EDT
Wells Fargo analyst Gabe Hajde raised his price target for Ball Corp. to $50 from $45 as he believes it is largely on track to achieve its EBITDA and free cash flow objectives for 2019. In addition, the Aerospace business has gained significant momentum, such that segment earnings could nearly offset lost contribution from the North American tinplate operations through time, he contends. The analyst reiterates an Outperform rating on the shares.
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