Morgan Stanley raised the firm’s price target on Crown Holdings (CCK) to $109 from $105 and keeps an Equal Weight rating on the shares. The firm updated forecasts following better-than-expected Q3 results, noting that Ball Corp. (BALL) remains the analyst’s “favorite way to play the secular beverage can growth theme.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCK:
- Crown Holdings price target raised to $110 from $100 at Baird
- Crown Holdings price target raised to $105 from $97 at Wells Fargo
- Crown Holdings price target raised to $112 from $100 at Barclays
- Crown Holdings price target raised to $107 from $106 at BofA
- Closing Bell Movers: Netflix gains 5% as Q3 earnings, Q4 guidance top estimates