Goldman Sachs Maintains Neutral on Ranpak Hldgs, Raises Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Adam Samuelson has maintained a Neutral rating on Ranpak Holdings (NYSE:PACK) and raised the price target from $4.5 to $5.

July 18, 2023 | 1:12 pm
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Goldman Sachs has maintained a Neutral rating on Ranpak Holdings and raised the price target from $4.5 to $5.
The news is directly about Ranpak Holdings. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating no expected significant price movement. However, the increase in price target from $4.5 to $5 suggests a slightly positive outlook, but not enough to change the overall neutral stance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100