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Deutsche Bank Securities Maintains BUY Rating on Crown Holdings (CCK)
February 3, 2012

NEW YORK, February 3 (FinanceEnquiry.com) - Analysts at Deutsche Bank Securities maintain their Buy rating on the shares of Crown Holdings (NYSE: CCK). The 12-month target price is set to $40.

In a research note published yesterday, the analysts mention that Crown Holdings reported adjusted 4Q EPS of $0.48 ahead of the estimate and the consensus of $0.47, though within the guidance range of $0.43-$0.53. While comparing the company's segment performance with Deutsche Bank estimates, it was noted that Americas Beverage and NA Food were better than expected, though European beverage, food and specialty segments were slightly below the expectations, the analysts add.

 
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