RBC Capital Reiterates Outperform on Rayonier Adv Materials, Maintains $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Paul Quinn has reiterated an 'Outperform' rating on Rayonier Advanced Materials (NYSE:RYAM) and maintained a $6 price target.
October 11, 2023 | 12:56 pm
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RBC Capital's reiteration of an 'Outperform' rating and a $6 price target on Rayonier Advanced Materials could potentially boost investor confidence.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, RBC Capital's reiteration of an 'Outperform' rating and a $6 price target for Rayonier Advanced Materials could potentially boost investor confidence and positively impact the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100