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Rating: SLGN

Silgan Holdings, Inc. (NASDAQ: SLGN) downgraded to Neutral by Citigroup

Wednesday,  Feb 6, 2013  8:25 AM ET by Kristen Bailey

Citigroup downgraded Silgan Holdings, Inc. (NASDAQ: SLGN) to Neutral.
Citigroup rated Silgan Holdings, Inc. (NASDAQ: SLGN) to Buy on 09/11/2012, when the price was $42.97.

SILGAN HOLDINGS is a holding company. Through its wholly owned subsidiaries, the company is engaged in the packaging industry and has three business units: Metal Food Container Business, Plastic Container Business and Specialty Packaging Business.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.

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