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Analyst Downgrades Berry Global: Is the Center of the Aisle Falling Out?

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RBC Capital Markets analyst Arun Viswanathan downgraded Berry Global Group, Inc. (NYSE:BERY) to Sector Perform (from Outperform) and cut the price target to $62.00 (from $72.00).

Although the analyst notes that the company is executing well on cost initiatives and generating FCF, he expects volumes to continue to be challenged in the near …

Full story available on Benzinga.com

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