Analyst Anthony Pettinari upgraded the packaging company to buy from neutral. "Sentiment on SEE (and the broader packaging space) has been highly negative given share price weakness, persistent vol challenges, and downward earnings revisions," Pettinari said in a Monday note. Sealed Air's stock has plunged about 37% this year as it navigates a post-Covid lower growth environment. Sealed Air management may still look toward more aggressive measures to improve the company's share price after experiencing poor stock performance and underlying headwinds, the analyst noted. He added, however, that "with poor investor sentiment & prolonged share price weakness, we think calls for packaging mgmt.

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Persons: Anthony Pettinari, Pettinari, Ted Doheny, Michael Bloom Organizations: Citi Locations: Friday's