Citi analyst Anthony Pettinari raised the firm’s price target on Packaging Corp. (PKG) to $214 from $197 and keeps a Neutral rating on the shares following the Q2 report. The firm says the company’s lighter Q3 outlook points to “sluggish, but stable,” containerboard market. It expects the company to increase prices in Q4.
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Read More on PKG:
- Packaging Corporation of America Reports Strong Q2 2025 Results
- Packaging Corp’s Earnings Call Highlights Growth Amid Challenges
- Packaging Corp. reports Q2 EPS ex-items $2.48, consensus $2.42
- Packaging Corp. sees Q3 EPS ex-items $2.80, consensus $2.89
- Packaging Corporation Of America (PKG) Q2 Earnings Cheat Sheet