Wells Fargo Maintains Equal-Weight on Packaging Corp of America, Raises Price Target to $173
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gabe Hajde has maintained an Equal-Weight rating on Packaging Corp of America (NYSE:PKG) and increased the price target from $147 to $173.
November 30, 2023 | 2:16 pm
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Wells Fargo analyst Gabe Hajde maintained an Equal-Weight rating on Packaging Corp of America and raised the price target to $173.
The increase in price target by Wells Fargo suggests a positive outlook on the stock's value, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100