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Fly News Breaks for January 20, 2017
GPK
Jan 20, 2017 | 05:33 EDT
Jefferies analyst Philip Ng downgraded Graphic Packaging to Hold saying the shares are fairly valued and will be range-bound amid "weak" demand and rising input cost. The analyst expects "muted" earnings growth in 2017 and lowered his price target for the shares to $14 from $15.
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