Packaging Corporation of America’s Chief Executive Officer to Speak at the Jefferies 2016 Industrial Conference on August 9, 2016

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Go back to Packaging Corporation of America’s Chief Executive Officer to Speak at the Jefferies 2016 Industrial Conference on August 9, 2016

Jefferies Raises Price Target on Packaging Corp. (PKG) Following 2Q

July 25, 2016 7:56 AM EDT

Jefferies reiterated a Buy rating on Packaging Corp. of America (NYSE: PKG), and raised the price target to $84.00 (from $80.00), following the company's 2Q. With energy prices drifting higher, OCC on the rise, and rate increases for freight, inflation will be an incremental headwind 2H16. With... More