Barclays Maintains an 'Equalweight' on Ball Corp

Barclays maintains an 'Equalweight' on Ball Corp （NYSE: BLL）, PT $65.

Barclays analyst says, "We note that BLL had previously acquired Neuman Aluminum, a N.A. manufacturer of aluminum slugs. Neuman had sales of roughly $128 MM in 2009. We believe this latest acquisition further expands BLL's product portfolio, specifically increasing its exposure to the aluminum aerosol can/bottle markets. We maintain our EW rating as we view upside potential to be balanced with the downside risk."

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Shares of Ball Corp closed at $67.33 yesterday, with a 52 week range of $46.80-$65.94.