RBC Capital analyst Arun Viswanathan raised his price target on Ball Corp to $53 after its "solid" Q3 results driven by 3% increase in the global beverage can volume growth, strong Aluminum Aerosol results, and a "keen" management of freight inflation impact. The analyst believes that the company should deliver "strong" free cash flows of over $1B in 2019, stating that its is operating at the "upper-end" of the packaging group. Viswanathan also keeps his Outperform rating on Ball Corp and expects it to pivot toward increased buybacks in the coming quarters.