Thursday, December 30, 2010

Goldman (NYSE:GS) Prefers Ball (NYSE:BLL), Crown (NYSE:CCK) Over Graham (NYSE:GRM)

Goldman (NYSE:GS) recently met with executives from Graham Packaging (NYSE:GRM), and said for a long-term investment, the company looks compelling, although in the packaging sector they prefer Ball (NYSE:BLL) and Crown (NYSE:CCK) on a risk/reward basis.

Goldman reiterated their "Neutral" rating on Graham Packaging, which closed Wednesday at $13.42, up $0.03, or 0.22 percent. Goldman raised their price target on them to $14.

Ball Corporation closed at $69.31, down $0.17, or 0.24 percent. Crown Holdings closed at $33.72, down $0.01, or 0.03 percent.

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