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Fly News Breaks for December 19, 2019
Dec 19, 2019 | 06:42 EDT
BofA/Merrill analyst George Staphos upgraded Sealed Air to Buy from Neutral with a $51 price target. The analyst is positive on the "moderate improvement" in the global economic outlook and a "benign" resin environment. Staphos also notes that after a Q3 earnings-related sell-off, Sealed Air stock has a large upside relative to his estimated price objective.
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