Zacks Investment Research downgraded shares of BERRY PLASTICS (BERY) from NEUTRAL to UNDERPERFORM on January 14, 2013, with a target price of $15.70.
Berry Plastics Group, Inc. is a manufacturer and marketer of value-added plastic consumer packaging and engineered materials. The Company operates in three segments: Rigid Packaging, Engineered Materials and Flexible Packaging. Its rigid packaging products include containers, thermoformed polypropylene and injection-molded plastic drink cups, plastic home and party items, plastic garden products, closures, aerosol overcaps, polyethylene and PET bottles and plastic squeeze tubes for food and beverage, retail mass, healthcare, personal care, and household chemical consumer-oriented end markets. Berry's flexible packaging products comprises of mono layer and coextruded films barrier films for cereal, cookie, cracker, and dry mix packages lamination films for carpet padding films used for solar panel construction component and packaging films printed products and coated and laminated packaging products. Berry Plastics Group, Inc. is headquartered in Evansville, Indiana.
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