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O-I Glass price target lowered to $12 from $16 at Citi

Citi lowered the firm’s price target on O-I Glass (OI) to $12 from $16 and keeps a Neutral rating on the shares. The firm adjusted targets in the beverage packaging group as part of a Q1 preview. It sees affordability and cost pass-throughs being the focus on the Q1 calls.

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