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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
Jan 2021UBSInitiates Coverage OnSell
Jan 2021Morgan StanleyMaintainsEqual-Weight
Jan 2021BMO CapitalDowngradesOutperformMarket Perform

View More Analyst Ratings for PKG
View the Latest Analyst Ratings

 

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Posted-In: News Upgrades Analyst Ratings

Latest Ratings

StockFirmActionPT
WWEEvercore ISI GroupUpgrades
INTB of A SecuritiesUpgrades40.0
BLDPBMO CapitalInitiates Coverage On39.0
SSYSStifelInitiates Coverage On40.0
CMGGoldman SachsInitiates Coverage On1,650.0
View the Latest Analytics Ratings
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