Crown Holdings Price Target Raised to $122 at RBC Capital 
<p>RBC Capital analysts raised their price target on <a href='https://financialmodelingprep.com/financial-summary/CCK'>Crown Holdings, Inc. (NYSE:CCK)</a> to $122 from $120, noting they remain favorable on the company despite the recent weakness in bev can reflected by peers announcing capacity rationalization and project delays. </p>
<p>The analysts view the company’s bev can category exposure as more favorable vs. peers, and therefore believe it is less exposed to the recent bev can volume declines. </p>
<p>Overall, the analysts expect the company to achieve its free cash flow guidance of approximately $400 million in fiscal 2022 assuming around $1 billion of capex (potentially lower due to supply chain headwinds) and then free cash flow generation should inflect higher in 2024/2025 post growth projects.</p>

NYSE:CCK