Citigroup Maintains Neutral on Packaging Corp of America, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Neutral rating on Packaging Corp of America (NYSE:PKG) and raises the price target from $148 to $150.
October 13, 2023 | 11:41 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Packaging Corp of America and raises the price target from $148 to $150.
The news is directly related to Packaging Corp of America (PKG). The price target increase from $148 to $150 by Citigroup indicates a positive outlook, however, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 12-18 months. This could lead to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100