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Fly News Breaks for April 8, 2019
BLL
Apr 8, 2019 | 19:32 EDT
BMO Capital analyst Mark Wilde downgraded Ball Corp to Market Perform and kept his $60 price target, saying that after an "impressive run", the stock is now trading at the upper end of its peer group range. The analyst notes that he remains positive on the company's "stable end-markets, improved supply/demand balance in N. America, prospective share gains from plastic packaging, accelerated growth in aerospace business, and recent exits from problematic businesses", but recommends that investors wait for a better entry point.
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