---
title: "William Blair upgrades Karat Packaging Inc (KRT) to a Buy"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288636062.md"
description: "William Blair analyst Ryan Merkel upgraded Karat Packaging Inc (KRT) to a Buy rating and set a price target. Merkel, a 4-star analyst with a strong track record in the Industrials sector, issued this recommendation today. The broader market consensus for KRT is currently a Moderate Buy with an average price target of $31.50."
datetime: "2026-06-03T22:15:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288636062.md)
  - [en](https://longbridge.com/en/news/288636062.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288636062.md)
---

# William Blair upgrades Karat Packaging Inc (KRT) to a Buy

Karat Packaging Inc received a Buy rating and price target from William Blair analyst Ryan Merkel today.

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According to TipRanks, Merkel is a 4-star analyst with an average return of 5.0% and a 49.75% success rate. Merkel covers the Industrials sector, focusing on stocks such as Ferguson PLC, QXO Inc, and Aaon.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Karat Packaging Inc with a $31.50 average price target.

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