Graphic Packaging price target lowered to $28 from $30 at Truist

On April 22, Truist analyst Michael Roxland lowered the firm’s price target on Graphic Packaging (GPK) to $28 from $30 and kept a Hold rating on the shares. Multiples across the firm’s coverage have compressed in recent weeks due to concerns over tariffs and the potential for a recession from slower consumer demand, the analyst told investors. This note corrects a prior version to note that the firm has a Hold rating on the shares.