BofA lowered the firm’s price target on Packaging Corp. (PKG) to $240 from $249 and keeps a Buy rating on the shares. The firm adjusted its EPS forecasts to $9.92 from $10.30 in 2025 and $11.95 from $13.10 in 2026, but maintains a Buy rating on valuation as well as positives it sees for 2026 from the Greif acquisition and pricing in containerboard, the analyst tells investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PKG: