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UBS reiterates PKG stock rating on service edge

UBS reiterates Buy rating for Packaging Corp. of America stock, highlighting service edge and price target of $248.

ByChloe Hall- Senior Editor

Today / 14:30|Last updated: Today / 14:31

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UBS reiterates PKG stock rating on service edge — Photo: Prepared by Bond.az

Bond.az - UBS reiterated a Buy rating and $248 price target on Packaging Corp. of America (NYSE:PKG), which trades at $217.23 with a $19.2B market cap.

The firm hosted an investor dinner with PKG management during a Chicago bus tour.

UBS gained confidence in management's ability to sustain outperformance versus peers, citing superior customer service, well-capitalized mill assets, and strong engineering capabilities.

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