UBS lowered the firm’s price target on Crown Holdings (CCK) to $108 from $113 and keeps a Buy 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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Read More on CCK:
- Crown Holdings price target lowered to $100 from $110 at Mizuho
- Crown Holdings price target lowered to $101 from $107 at BofA
- Crown Holdings price target raised to $111 from $110 at Citi
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