Packaging Corp. price target lowered to $270 from $273 at Truist

Core Viewpoint - Truist has lowered the price target for Packaging Corp. (PKG) to $270 from $273 while maintaining a Buy rating after the company's Q4 earnings miss, indicating a more attractive entry point for investors due to strong demand projected for 2026 [1] Group 1 - Truist's price target adjustment reflects a decrease from $273 to $270 for Packaging Corp. (PKG) [1] - The firm maintains a Buy rating on PKG shares despite the earnings miss in Q4 [1] - The post-earnings decline is seen as an opportunity for investors, with the company well-positioned for strong demand in 2026 [1]