UPDATE: Wells Fargo Upgrades Crown Holdings from Market Perform to Outperform - Crown Holdings (NYSE:CCK)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Wells Fargo upgraded Crown Cork & Seal Company, Inc. (NYSE: CCK) from Market Perform to Outperform.In a research not posted Thursday, analyst Christopher Manuel said several of the challenges that have plagued CCK's operational performance have either been reconciled or bottomed, translating into profit growth.Manuel sees improved European operations in 2014 generating free cash flows of $600 million. The analyst noted catalysts such as:

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

European Beverage demand improving modestly;
Pricing and mix within European Food stabilization;
No repeat of customer bankruptcies that impacted NA Food and European Food;
Normalized weather/production in NA Food that could boost EBIT;
Lower full-year Aluminum Premium levels;
Incremental Capacity in Brazil; and,
Lower pension expense of $63 million compared to $75 million previously.

Shares of CCK closed Wednesday at $40.45.