Wells Fargo analyst Gabe Hajde says Greif (GEF) reports a solid Q2, highlighted by Fiber pricing and margin performance in Polymers. Adjusted EBITDA beat consensus by 6% and “low-end” guide was bumped up. Wells believes expectations were low, thus absent surprises on the earnings conference call, the firm expects a positive reaction. The firm has an Overweight rating on the stock with a price target of $67.
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