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Citi ups Sealed Air target, opens ‘upside 90-day catalyst watch’

Citi analyst Anthony Pettinari raised the firm’s price target on Sealed Air (SEE) to $39 from $38 and keeps a Buy rating on the shares. The analyst also opened an “upside 90-day catalyst watch” on the shares ahead of the Q3 report in November. Citi believes the company’s Protective unit could see a volume inflection in Q4, which would be a positive catalyst for the shares.

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