Citi raised the firm’s price target on Graphic Packaging to $34 from $32 and keeps a Buy rating on the shares. The analyst upset updated containers and packaging models ahead of Q1 earnings season. The firm expects packagers to reiterate fiscal year outlooks, as demand and costs mostly tracked in-line with expectations.
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- Graphic Packaging added to ‘Q2 Tactical Ideas List’ at Wells Fargo
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