Packaging Corp. (PKG) Misses Q1 EPS by 9c

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Deutsche Bank Upgrades Packaging Corp. of America (PKG) to Buy

April 22, 2015 6:57 AM EDT

Deutsche Bank upgraded Packaging Corp. of America (NYSE: PKG) from Hold to Buy with a price target of $80.00 (from $86.00). Analyst Debbie Jones thinks a recent decline in the stock is overdone.

"PKG shares fell ~10% after a Q1 EPS miss and weak Q2 guide.... More