Jefferies Maintains Hold on Packaging Corp of America, Lowers Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Philip Ng maintains a 'Hold' rating on Packaging Corp of America (NYSE:PKG) and lowers the price target from $142 to $140.
October 18, 2023 | 6:29 pm
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Jefferies analyst Philip Ng maintains a 'Hold' rating on Packaging Corp of America and lowers the price target from $142 to $140.
The news is directly about Packaging Corp of America (PKG). The 'Hold' rating suggests that the analyst does not expect significant price movement in the short term. However, the lowering of the price target might have a slight negative impact, but it's not significant enough to change the score from neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100