Wells Fargo Maintains Overweight on Packaging Corp of America, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gabe Hajde has maintained an Overweight rating on Packaging Corp of America (NYSE:PKG) and increased the price target from $215 to $235.
October 07, 2024 | 7:59 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on Packaging Corp of America and increased the price target to $235, indicating a positive outlook.
The increase in price target from $215 to $235 by Wells Fargo suggests a positive outlook for PKG, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100