Truist analyst Michael Roxland lowered the firm’s price target on Graphic Packaging (GPK) to $20 from $23 and keeps a Hold rating on the shares as part of a broader research note previewing Q3 results in Packaging and Paper/Forest Products. The firm is “selectively” adjusting its estimates, having met with companies in its coverage to review quarterly trends while also including a $40/ton containerboard price increase effective February 2026, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPK:
- Graphic Packaging Announces CFO Resignation and Interim Appointment
- Graphic Packaging CFO Scherger resigns
- Oracle initiated, Roblox upgraded: Wall Street’s top analyst calls
- BofA upgrades two, downgrades two in packaging and paper ahead of earnings
- Graphic Packaging downgraded to Neutral from Buy at BofA