Citigroup Maintains Neutral Rating for Pactiv Evergreen: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Citigroup has maintained its Neutral rating for Pactiv Evergreen (NASDAQ:PTVE) and increased its price target from $8.00 to $9.00. Pactiv Evergreen's shares are currently trading up 1.52% over the last 24 hours, at $8.66 per share. A move to $9.00 would account for a 3.93% increase from the current share price.
August 10, 2023 | 5:00 pm
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Citigroup has maintained its Neutral rating for Pactiv Evergreen and raised its price target. This could potentially lead to a short-term increase in the stock's price.
The news of Citigroup maintaining its Neutral rating and raising its price target for Pactiv Evergreen could potentially lead to increased investor confidence and a short-term increase in the stock's price. However, the actual impact will depend on market conditions and investor sentiment.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100