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Fly News Breaks for December 12, 2019
GEF
Dec 12, 2019 | 08:39 EDT
BMO Capital analyst Mark Wilde raised his price target on Greif to $36 after its Q4 earnings beat reported last week. The analyst still keeps his Underperform rating on the stock, with the quarter showing volumes in all three of its segments remaining under pressure and the sustainability of its paperboard margins remaining in question. Wilde is also concerned that Greif has levered up just as the economic momentum appears to be slowing.
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