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Fly News Breaks for January 28, 2020
SLGN
Jan 28, 2020 | 09:08 EDT
BMO Capital analyst Mark Wilde raised his price target on Silgan Holdings to $41 and kept his Outperform rating, saying he is positive on the company's purchase of Albea's dispensing business for $900M announced yesterday. The analyst says the acquired assets will continue Silgan's pivot away from food cans and should help shift investor perceptions about the company's growth prospects.
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