BofA Initiates Karat Packaging Coverage with Neutral Rating
ByAinvest
Wednesday, Aug 13, 2025 9:45 pm ET1min read
KRT--
Bank of America Merrill Lynch initiates coverage of Karat Packaging with a Neutral rating and $28 price target. The analyst sees solid volumes and positives, but views the shares as fairly valued due to competition in the sector and macro risks. Karat has transitioned to focusing on distribution from manufacturing.
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