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.
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