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Fly News Breaks for September 9, 2019
OI
Sep 9, 2019 | 07:05 EDT
Credit Suisse analyst Lars Kjellberg lowered his price target for Owens-Illinois to $19 from $24 as he believes the company is not making the expected progress in a growing market. Owens-Illinois has fallen behind own targets, whilst underlying performance is broadly steady, he contends. The analyst reiterates an Outperform rating on the stock and views this as an opportunity to buy the share.
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