| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/11/2023 | 19.05% | Lake Street | $25 → $26 | Maintains | Buy |
| 01/04/2023 | 0.73% | Lake Street | → $22 | Initiates Coverage On | → Buy |
| 03/24/2022 | 41.94% | Truist Securities | $29 → $31 | Maintains | Buy |
| 05/19/2021 | — | William Blair | Initiates Coverage On | → Outperform | |
| 05/11/2021 | 9.89% | DA Davidson | → $24 | Initiates Coverage On | → Buy |
| 05/10/2021 | 14.47% | Stifel | → $25 | Initiates Coverage On | → Buy |
| 05/10/2021 | 9.89% | Truist Securities | → $24 | Initiates Coverage On | → Buy |
What is the target price for Karat Packaging (KRT)?
The latest price target for Karat Packaging (NASDAQ: KRT) was reported by Lake Street on August 11, 2023. The analyst firm set a price target for $26.00 expecting KRT to rise to within 12 months (a possible 19.05% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Karat Packaging (KRT)?
The latest analyst rating for Karat Packaging (NASDAQ: KRT) was provided by Lake Street, and Karat Packaging maintained their buy rating.
When is the next analyst rating going to be posted or updated for Karat Packaging (KRT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Karat Packaging, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Karat Packaging was filed on August 11, 2023 so you should expect the next rating to be made available sometime around August 11, 2024.
Is the Analyst Rating Karat Packaging (KRT) correct?
While ratings are subjective and will change, the latest Karat Packaging (KRT) rating was a maintained with a price target of $25.00 to $26.00. The current price Karat Packaging (KRT) is trading at is $21.84, which is out of the analyst's predicted range.