RBC Capital analyst Arun Viswanathan raised his price target on Crown Holdings to $83 and kept his Outperform rating after its Q3 results. The analyst notes that while the company lowered its FY19 guidance for earnings and free cash flows on a poor harvest in Europe and slower activity in Transit Packaging, its 2020 North America volumes were seen rising about 5% thanks to its capacity expansion. Viswanathan is also positive on Crown Holdings longer term due to the "strong" global "bevcan" volume growth, its favorable pricing, and the sufficient incremental capacity amid rising demand.