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Fly News Breaks for January 16, 2020
CCI
Jan 16, 2020 | 09:06 EDT
Barclays analyst Michael Leithead initiated coverage of Crown Castle with an Overweight rating and $88 price target. The analyst initiated coverage of five Packaging names with a positive industry view. He sees the industry's need for new capacity driving an improving price/margin story, and the industry's concentration helping allay fears of overbuilding. Leithead thinks Crown Castle can benefit from these favorable market trends and an improving cash return story.
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