Baird analyst Ghansham Panjabi lowered the firm’s price target on Graphic Packaging (GPK) to $32 from $36 and keeps an Outperform rating on the shares. The firm calls it a high quality defensive name following its quarterly results.
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Read More on GPK:
- Graphic Packaging Holding Reports 2024 Financial Results
- Graphic Packaging sees $2.5B cash flow 2024-2027; $5B+ cash flow 2024-2030
- Graphic Packaging sees FY25 adjusted EPS $2.53-$2.78, consensus $2.69
- Graphic Packaging reports Q4 adjusted EPS 59c, consensus 63c
- Graphic Packaging increases quarterly dividend 10% to 11c per share