Jefferies resets ratings in the paper and packaging sector after weighing valuations

3 weeks ago 3

• Consumer

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Jefferies downgraded Packaging Corp of America (NYSE:PKG) to a Hold rating from Buy on Monday, while upgrading Smurfit Westrock Plc (NYSE:SW) to Buy from Hold.

Analyst Philip Ng and his team still view Packaging Corp of America (NYSE:PKG) as

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3. Jefferies resets ratings in the paper and packaging sector after weighing valuations