Skip to main content

Market Overview

UPDATE: Jefferies Raises PT on Sealed Air Following 2Q13 Earnings Preview

Share:

In a report published Wednesday, Jefferies analyst Philip Ng reiterated a Buy rating on Sealed Air (NYSE: SEE), and raised the price target from $28.00 to $30.00.

In the report, Jefferies noted, “We expect 2Q results to be soft, driven by bad weather and FX, but we believe the news is baked into the stocks already. With weather normalizing, pricing flowing through more fully, and the group generating record FCF, we remain constructive on the sector.”

Sealed Air closed on Tuesday at $26.09.

Latest Ratings for SEE

DateFirmActionFromTo
Apr 2021Goldman SachsInitiates Coverage OnBuy
Feb 2021Seaport GlobalUpgradesNeutralBuy
Feb 2021Morgan StanleyMaintainsEqual-Weight

View More Analyst Ratings for SEE
View the Latest Analyst Ratings

 

Related Articles (SEE)

View Comments and Join the Discussion!

Posted-In: Jefferies Philip NgAnalyst Color Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
QSRNorthcoast ResearchInitiates Coverage On
DQGLJ ResearchInitiates Coverage On22.1
TCMaxim GroupDowngrades
GLNGB of A SecuritiesDowngrades
LMNXPiper SandlerDowngrades37.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com