Goldman Sachs has decided to maintain its Neutral rating of Pactiv Evergreen (NASDAQ:PTVE) and lower its price target from $12.00 to $10.50.
Shares of Pactiv Evergreen are trading down 1.55% over the last 24 hours, at $9.51 per share.
Pactiv Evergreen (NASDAQ:PTVE) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Pactiv Evergreen beat estimated earnings by 100.0%, reporting an EPS of $0.4 versus an estimate of $0.2.
Circuit Route Planner is a route optimization app targeted toward delivery drivers who work for companies such as UberEats, part of Uber Technologies Inc (NYSE: UBER), DoorDash Inc (NYSE:
RBC Capital analyst Arun Viswanathan upgrades Pactiv Evergreen (NASDAQ:PTVE) from Sector Perform to Outperform and raises the price target from $9 to $13.
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.