Ranpak Holdings price target raised to $10 from $8 at Craig-Hallum

Craig-Hallum analyst Greg Palm raised the firm’s price target on Ranpak Holdings to $10 from $8 and keeps a Buy rating on the shares after hosting investor meetings in New York City and Boston last week with CFO Bill Drew. Craig-Hallum’s bullish view on 2024 following improved Q4 results was reinforced and it believes improved investor sentiment can push shares higher from here.