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Fly News Breaks for May 23, 2018
SEE
May 23, 2018 | 08:25 EDT
UBS analyst Edlain Rodriguez says meetings with management reaffirmed his positive view of Sealed Air. The company's key growth drivers include exposure to the recovery in the U.S. beef market and secular growth in e-commerce packaging, Rodriguez tells investors in a research note. Sealed Air is one of the best volume stories in the space with sustainable growth of 3.5%-4.5%, the analyst contends. He keeps a Buy rating on the shares with a $52 price target.
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