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PTVE - Packaging stocks jump after bull calls by BMO Capital
Pactiv Evergreen Inc.
BMO Capital is positive on packaging stocks on improved pricing trends and better-than-anticipated demand growth. New outperform rating are doled out by the firm on WestRock ([[WRK]] +4.6%), Packaging Corporation of America ([[PKG]] +4.4%), Greif ([[GEF]] +6.2%), International Paper ([[IP]] +5.0%) and Pactiv Evergreen ([[PTVE]] -1.7%). Sonoco Products ([[SON]] +2.0%) is also higher on the day amid the sector cheer. Compare paper/packaging stocks side by side.