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Fly News Breaks for February 7, 2019
OI
Feb 7, 2019 | 06:40 EDT
As previously reported, BofA/Merrill downgraded Owens-Illinois to Neutral from Buy and trimmed its price target to $21 following the Q4 report. Analyst George Staphos said shares have rebounded in recent days and 2019 looks to be back-end loaded, combined with higher asbestos spending incorporated into his model.