Truist keeps a Buy rating on Sealed Air (SEE) after the Wall Street Journal reported the company is in talks with Clayton Dubilier & Rice to be taken private. Given Sealed Air’s “notable improvements” in recent quarters and the positive momentum in its Food and Protective units, a takeover offer could value the equity value at $50-$60, the analyst tells investors in a research note. Sealed Air shares in morning trading are up 18%, or $6.68, to $43.06.
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