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Jefferies Upgrades Packaging Corporation of America to Buy, Raises PT to $70.00

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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

DateFirmActionFromTo
Feb 2017BarclaysDowngradesOverweightEqual-Weight
Jan 2017DA DavidsonDowngradesBuyNeutral
Jan 2017BMO CapitalUpgradesMarket PerformOutperform

View More Analyst Ratings for PKG
View the Latest Analyst Ratings

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