Sealed Air price target raised to $45 from $40 at Truist

Truist raised the firm’s price target on Sealed Air (SEE) to $45 from $40 and keeps a Buy rating on the shares. The company’s Q3 results saw “strong operations” in spite of the soft macro backdrop, the analyst tells investors in a research note. Sealed Air also forecasts competitive pricing in both segments and a potential transitory impact from the US government shutdown, partly offset by favorable currency, the firm added