Goldman Sachs Maintains Neutral on Pactiv Evergreen, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Adam Samuelson has maintained a Neutral rating on Pactiv Evergreen (NASDAQ:PTVE) and increased the price target from $12.5 to $14.

March 04, 2024 | 12:32 pm
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Goldman Sachs has maintained a Neutral rating on Pactiv Evergreen but raised the price target from $12.5 to $14.
The increase in price target by Goldman Sachs suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see significant upside or downside from the current level, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100