Packaging Corp. (PKG) Tops Q2 EPS by 7c

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Go back to Packaging Corp. (PKG) Tops Q2 EPS by 7c

Deutsche Bank Downgrades Packaging Corp. of America (PKG) to Hold

July 22, 2016 7:00 AM EDT

Deutsche Bank downgraded Packaging Corp. of America (NYSE: PKG) from Buy to Hold with a price target of $75.00 (from $73.00). Analyst Debbie Jones sees limited near-term upside.

"After posting a solid Q2 beat and better-than-street-expected Q3 guide, consensus estimates should increase for PKG. Moreover,... More