Baird Maintains Neutral on Ranpak Hldgs, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ghansham Panjabi has maintained a Neutral rating on Ranpak Holdings (NYSE:PACK) while lowering the price target from $10 to $7.

November 01, 2024 | 11:55 am
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Baird analyst Ghansham Panjabi has maintained a Neutral rating on Ranpak Holdings (NYSE:PACK) and lowered the price target from $10 to $7.
The lowering of the price target from $10 to $7 by Baird suggests a negative outlook on Ranpak Holdings' future performance, which could lead to a short-term decline in stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target is a bearish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100