Citigroup Maintains Neutral on Packaging Corp of America, Lowers Price Target to $181
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Neutral rating on Packaging Corp of America (PKG) and lowers the price target from $183 to $181.

April 25, 2024 | 10:41 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Packaging Corp of America and lowers the price target from $183 to $181.
The adjustment in price target by Citigroup reflects a slight negative sentiment towards Packaging Corp of America's short-term stock price potential, but the maintenance of a Neutral rating suggests no significant change in the company's overall outlook. The minor reduction in price target might slightly impact investor sentiment but is unlikely to cause a significant movement in the stock price due to the neutral stance being maintained.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100