Sonoco (SON) Tops Q3 EPS by 4c, Bumps Outlook

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Sonoco Products (SON) PT Raised to $47 at Jefferies

October 24, 2016 6:59 AM EDT

Jefferies analyst Philip Ng bumped his price target on Sonoco Products (NYSE: SON) to $47.00 (from $46.00) while maintaining a Hold rating following results.

Ng commented, "While the consumer business is performing better than anticipated and industrial should improve, we remain on the sidelines... More