Graphic Packaging (GPK) Comments on Operating Conditions and Updates Full-Year 2024 Outlook
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Go back to Graphic Packaging (GPK) Comments on Operating Conditions and Updates Full-Year 2024 Outlook
September 4, 2024 5:40 AM EDT
Seaport Global Securities analyst Mark Weintraub reiterated a Buy rating and $32.00 price target on Graphic Packaging Holding Company (NYSE: GPK)
The analyst comments "After the market close, GPK put out a press release indicating that severe weather in July and damage at an electrical substation in August had impacted three separate facilities. While not material individually, these events in total are anticipated to reduce adj EBITDA by ~$20-25MM in 3Q, and as a result, the company now expects full-year 2024 results will fall below the midpoint of its previous $1.73B-1.83B... More
September 4, 2024 5:38 AM EDT
Citi analyst Anthony Pettinari reiterated a Buy rating and $34.00 price target on Graphic Packaging Holding Company (NYSE: GPK)
The analyst comments "Tuesday AMC GPK provided an operating update, indicating severe weather in July led to reduced production at 2 facilities, while an... More
