Truist Securities Maintains Buy on Packaging Corp of America, Raises Price Target to $242
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Packaging Corp of America and raised the price target from $219 to $242.
October 15, 2024 | 12:14 pm
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POSITIVE IMPACT
Truist Securities has reaffirmed its Buy rating for Packaging Corp of America and increased the price target from $219 to $242, indicating confidence in the company's future performance.
The increase in the price target from $219 to $242 by Truist Securities suggests a positive outlook for Packaging Corp of America. The maintained Buy rating indicates continued confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100