Citi analyst Anthony Pettinari raised the firm’s price target on Packaging Corp. to $183 from $172 and keeps a Neutral 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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PKG:
- Early notable gainers among liquid option names on March 19th
- Early notable gainers among liquid option names on March 4th
- Packaging Corp. upgraded to Buy on containerboard recovery at BofA
- Packaging Corp. upgraded to Buy from Neutral at BofA
- Packaging Corporation Announces Executive Retirement and Conference Presentation
