Packaging Corp. price target raised to $172 from $168 at Citi

Citi raised the firm’s price target on Packaging Corp. to $172 from $168 and keeps a Neutral rating on the shares. The company reported a Q4 beat and discussed continued strong demand in Q1, the analyst tells investors in a research note. However, while the Q4 results and forward commentary were positive, it seems well-reflected in the share price, says the firm.