Baird Maintains Outperform on Ranpak Hldgs, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ghansham Panjabi maintains an Outperform rating on Ranpak Holdings (NYSE:PACK) and raises the price target from $7 to $8.
May 03, 2024 | 11:35 am
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Baird analyst Ghansham Panjabi maintains an Outperform rating on Ranpak Holdings and raises the price target from $7 to $8.
The upgrade in price target by Baird reflects a positive outlook on Ranpak Holdings, suggesting confidence in the company's future performance. This analyst endorsement is likely to influence investor sentiment positively in the short term, potentially leading to an increase in stock price.
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