Truist Securities Maintains Buy on Packaging Corp of America, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland maintains a 'Buy' rating on Packaging Corp of America (NYSE:PKG) and raises the price target from $156 to $170.
September 21, 2023 | 4:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Truist Securities maintains a 'Buy' rating on Packaging Corp of America and raises the price target from $156 to $170. This could potentially lead to an increase in the stock price.
The raised price target by Truist Securities indicates a positive outlook for Packaging Corp of America. This could potentially lead to an increase in the stock price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100