Jefferies Upgrades Packaging Corporation of America to Buy, Raises PT to $70.00
Jefferies upgrades Packaging Corporation of America (NYSE: PKG) from Hold to Buy and raises the price target from $49.00 to $70.00. The analyst set a bull-case scenario target of $88.
The firm's Philip Ng said Packaging Corp. is getting Boise at an attractive multiple and generally classified the deal as "great."
Latest Ratings for PKG
Date | Firm | Action | From | To |
---|---|---|---|---|
Jan 2021 | UBS | Initiates Coverage On | Sell | |
Jan 2021 | Morgan Stanley | Maintains | Equal-Weight | |
Jan 2021 | BMO Capital | Downgrades | Outperform | Market Perform |
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Posted-In: News Upgrades Analyst Ratings