Morgan Stanley analyst Neel Kumar started Crown Holdings with an Equal Weight rating and $49 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." Short-term investor sentiment on Crown Holdings will likely be driven by the recent acquisition of Signode, Kumar tells investors in a research note. He believes the company needs to post "several quarters of solid performance" for the stock to perform well.