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Fly News Breaks for January 19, 2016
SLGN
Jan 19, 2016 | 07:18 EDT
Wells Fargo analyst Christopher Manuel upgraded Silgan Holdings to Outperform saying the company is an "attractively priced defensive name" in the Containers & Packaging space. The packaging sector is well positioned to grow earnings and outperform the broader markets in the next 6-12 months, Manuel tells investors in a research note on the space. He raised his price target range for the shares to $56-$58 from $50-$52.
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