Citi raised the firm’s price target on Packaging Corp. to $158 from $150 and keeps a Neutral rating on the shares. The company reported a Q3 beat, and with October bookings up 14% year-over-year, demand clearly recovered, the analyst tells investors in a research note.
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- Packaging Corp. price target lowered to $140 from $142 at Jefferies
- Packaging Corp. price target raised to $161 from $158 at BofA
