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UPDATE: Jefferies Reiterates Buy Rating, Raises PT on Sealed Air on 4Q12 Recap

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Sealed Air Corp: 'We Are Very Pleased With What We Are Doing'
Earnings Scheduled For April 30, 2015

In a report published Wednesday, Jefferies reiterated its Buy rating on Sealed Air Corp. (NYSE: SEE), and raised its price target from $22.00 to $25.00.

Jefferies noted, “While the 9% move in the stock (S&P 500: +0.7%) yesterday likely benefited from some short covering, we were encouraged by the quarter and guidance looks conservative. With SEE taking a hard stance on price and its restructuring underway, we have increased confidence margins should start trending higher.”

Sealed Air Corp. closed on Tuesday at $21.15.

Latest Ratings for SEE

DateFirmActionFromTo
Jun 2015BairdMaintainsOutperform
May 2015CitigroupMaintainsNeutral
May 2015BarclaysMaintainsEqual-weight

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View the Latest Analyst Ratings

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