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Benzinga
Benzinga
Business
Priya Nigam

BofA Upgrades O-I Glass On An Improvement In Outlook

BofA Securities Europe

O-I Glass Inc’s (NYSE:OI) positioning in Europe has strengthened and there is potential for demand for glass-packaged products to be less price elastic, according to BofA Securities.

The O-I Glass Analyst: George Staphos upgraded the rating for O-I Glass from Neutral to Buy, while raising the price target from $15 to $19.

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