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Fly News Breaks for March 6, 2017
GEF
Mar 6, 2017 | 06:03 EDT
Wells Fargo analyst Christopher Manuel upgraded Greif to Outperform citing increased confidence that the recently improved volume trajectory and margin profile is sustainable. The analyst also sees potential upside from the impending $50/ton spring containerboard price increase. He raised his price target range for the shares to $61-$63 from $54-$57.
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