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Berry Global price target lowered to $72 from $75 at UBS

Berry Global price target lowered to $72 from $75 at UBS

UBS lowered the firm’s price target on Berry Global (BERY) to $72 from $75 and keeps a Neutral rating on the shares. The firm expects Q4 earnings for North America Chemicals and Packaging to be challenging, but with the sector on average down 10% over the last month, this negativity may already be priced in, the analyst tells investors in a research note.

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