B of A Securities Downgrades Graphic Packaging Holding to Neutral, Lowers Price Target to $29
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst George Staphos has downgraded Graphic Packaging Holding (NYSE:GPK) from Buy to Neutral and lowered the price target from $35 to $29.
July 10, 2023 | 11:38 am
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Graphic Packaging Holding has been downgraded from Buy to Neutral by B of A Securities, with a lowered price target of $29.
The downgrade from Buy to Neutral by B of A Securities indicates a less optimistic outlook for the company. The lowered price target from $35 to $29 also suggests that the analyst sees less upside potential in the stock, which could negatively impact its short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100