Truist Securities Reiterates Buy on Packaging Corp of America, Raises Price Target to $252
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has reiterated its Buy rating on Packaging Corp of America and increased the price target from $242 to $252.
October 24, 2024 | 3:47 pm
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Truist Securities has reiterated its Buy rating on Packaging Corp of America and increased the price target from $242 to $252.
The reiteration of a Buy rating and an increase in the price target by Truist Securities is a positive signal for investors, suggesting confidence in the company's future performance. This is likely to have a positive short-term impact on PKG's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100