Truist Securities Maintains Buy on Packaging Corp of America, Lowers Price Target to $140
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Roxland has maintained a 'Buy' rating on Packaging Corp of America (NYSE:PKG), but lowered the price target from $141 to $140.
July 18, 2023 | 2:16 pm
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Truist Securities has maintained a 'Buy' rating on Packaging Corp of America but lowered the price target from $141 to $140.
The news is directly about Packaging Corp of America (PKG). The maintained 'Buy' rating indicates Truist Securities' positive outlook on the company, which could be beneficial for the stock. However, the slight decrease in the price target might have a neutral impact as it's a minor adjustment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100