FORGOTTEN HISTORY: Pactiv evergreen inc - Caught on Camera

BofA analyst George Staphos downgraded Pactiv Evergreen Inc (NASDAQ:PTVE) to Neutral from Buy with a price target of $13 (29.6% upside). The analyst also downgraded O-I Glass Inc (NYSE:OI) to Neutral from Buy with a price target of $14 (7% upside). Staphos foresees a chance for macroeconomic trends to decelerate. He lowered his ratings on both the companies as…

Pactiv Evergreen Inc (NASDAQ:PTVE) subsidiary, Evergreen Packaging International LLC, has sold its 50% interest in Naturepak Beverage Packaging Co Ltd to affiliates of Elopak ASA. The financial terms of the deal were not disclosed. Naturepak Beverage Packaging supplies customers in the Middle East and Africa region from manufacturing plants in Morocco and Saudi…