Wells Fargo Maintains Underweight on Graphic Packaging Holding, Maintains $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gabe Hajde maintains an Underweight rating on Graphic Packaging Holding (NYSE:GPK) and keeps the price target at $21.

April 01, 2024 | 4:05 pm
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Wells Fargo maintains an Underweight rating on Graphic Packaging Holding with a $21 price target.
The reaffirmation of an Underweight rating by a major financial institution like Wells Fargo, coupled with the maintenance of a specific price target, suggests a bearish outlook on the stock. This could influence investor sentiment negatively in the short term, potentially leading to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100