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Fly News Breaks for October 21, 2019
Oct 21, 2019 | 09:01 EDT
RBC Capital analyst Arun Viswanathan raised his price target on Crown Holdings to $83 and kept his Outperform rating after its Q3 results. The analyst notes that while the company lowered its FY19 guidance for earnings and free cash flows on a poor harvest in Europe and slower activity in Transit Packaging, its 2020 North America volumes were seen rising about 5% thanks to its capacity expansion. Viswanathan is also positive on Crown Holdings longer term due to the "strong" global "bevcan" volume growth, its favorable pricing, and the sufficient incremental capacity amid rising demand.
News For CCK From the Last 2 Days
Apr 19, 2021 | 18:30 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGSIBM... To see the rest of the story go to See Story Here
Apr 19, 2021 | 14:09 EDT
Notable companies reporting after the market close, with earnings consensus, include IBM (IBM), consensus $1.68... United Airlines (UAL), consensus ($7.05)... Crown Holdings (CCK), consensus $1.39... Steel Dynamics (STLD), consensus $1.89... Zions Bancorp (ZION), consensus $1.16.