Barclays analyst Michael Leithead raised the firm’s price target on Crown Holdings (CCK) to $112 from $100 and keeps an Overweight rating on the shares. he firm says a “third straight solid quarter should support the story (and the multiple).” It continues to view Crown as a “quality GARP idea, particularly as excess cash deployment ramps.”
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Read More on CCK:
- Crown Holdings price target raised to $107 from $106 at BofA
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- Crown Holdings reports Q3 adjusted EPS $1.99, consensus $1.80
- Crown Holdings raises FY24 adjusted EPS view to $6.25-$6.35 from $6.00-$6.25
- Crown Holdings sees Q4 adjusted EPS $1.45-$1.55, consensus $1.51