Truist Securities Maintains Hold on WestRock, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland maintains a 'Hold' rating on WestRock (NYSE:WRK) and raises the price target from $34 to $44.
September 21, 2023 | 4:15 pm
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WestRock's price target has been raised from $34 to $44 by Truist Securities, while maintaining a 'Hold' rating.
The increase in price target by Truist Securities indicates a positive outlook for WestRock. This could potentially lead to an increase in the stock's price in the short term. However, the 'Hold' rating suggests that the stock is expected to perform in line with the market or sector in the next 12 months, indicating a neutral stance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100