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Fly News Breaks for September 20, 2019
CCK
Sep 20, 2019 | 08:08 EDT
Baird analyst Ghansham Panjabi raised h is price target on Crown holdings to $75 from $65 as he believes the company has an attractive multi-year investment profile. He said its balance sheet continues to deleverage, they have solid beverage can fundamentals, increased capital allocation optionality, all of which underlies secular valuation multiple expansion. Panjabi reiterated his Outperform rating on Crown holdings shares.
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