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Fly News Breaks for January 16, 2019
BLL
Jan 16, 2019 | 16:21 EDT
Morgan Stanley analyst Neel Kumar started Ball Corp. with an Overweight rating and $55 price target. The analyst rolled out coverage of the Paper & Packaging sector with an In-Line view, though he believes the industry offers "favorable investment characteristics in the current economic environment." Kumar names Ball his top pick, saying the company has among the strongest growth prospects in Packaging. Ball is the global leader in beverage cans, which is an an attractive subsector within Packaging, Kumar tells investors in a research note.
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