BofA upgraded Greif to Buy from Neutral with a price target of $77, up from $76. The firm’s industry work suggest a continued, gradual improvement in paperboard markets that seems “underappreciated” in Greif’s current valuation, the analyst tells investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GEF:
- Ex-Dividend Date Nearing for These 10 Stocks – Week of June 17, 2024
- Greif Announces Price Increase for Tube and Core and Protective Packaging Products
- Greif announces 6% price boost for tube, core and protective packaging products
- Greif Class A Discusses Q2 Financial Results in Conference Call
- Greif price target raised to $80 from $78 at Wells Fargo