Greif price target raised to $72 from $67 at Wells Fargo

Wells Fargo analyst Gabe Hajde raised the firm’s price target on Greif (GEF) to $72 from $67 and keeps an Overweight rating on the shares. The firm says that in a tough macro quarter, Greif showed another impressive performance with EBITDA up 26% on a flattish top line. Though still only comfortable with “low-end” guide, management is expertly navigating through choppy end markets, Wells adds.