Loop Capital raised the firm’s price target on Crown Holdings (CCK) to $129 from $120 and keeps a Buy rating on the shares. The firm cites an “impressive” sharp Q3 EPS beat and better-than-expected volumes in North America and Europe, adding that it is raising its FY24 EPS view by 33c to $6.36 to reflect the company’s improved operating leverage assumptions, the analyst tells investors in a research note.
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