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Crown Holdings (CCK) Receives a Buy from Truist Financial

Tipranks - Tipranks - Sat May 30, 7:08AM CDT

Truist Financial analyst Michael Roxland maintained a Buy rating on Crown Holdings today and set a price target of $129.00.

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According to TipRanks, Roxland is a 3-star analyst with an average return of 1.5% and a 45.89% success rate. Roxland covers the Consumer Cyclical sector, focusing on stocks such as Graphic Packaging, Smurfit Westrock, and International Paper Co.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Crown Holdings with a $120.50 average price target.

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Based on Crown Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.26 billion and a net profit of $175 million. In comparison, last year the company earned a revenue of $2.89 billion and had a net profit of $193 million

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