In a report published Monday, Jefferies & Company reiterated its Buy rating on Sealed Air Corp SEE, and slightly raised its price target from $19.00 to $20.00.
Jefferies noted, “Now that Diversey is finally stabilizing and mgmt is executing better, we have increased conviction that shares are biased to the upside. Further, we believe the incoming CEO has the ability and experience to integrate Diversey and should be able to unlock shareholder value.”
Sealed Air Corp closed on Friday at $16.67.
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