RBC Capital Maintains Sector Perform on Sylvamo, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Paul Quinn has maintained a 'Sector Perform' rating on Sylvamo (NYSE:SLVM) and increased the price target from $44 to $45.
November 10, 2023 | 7:26 pm
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RBC Capital analyst Paul Quinn reaffirmed Sylvamo's 'Sector Perform' rating and raised the price target from $44 to $45, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a positive sentiment towards Sylvamo's stock performance in the short term. As price targets can influence investor expectations and stock prices, this revision could lead to a modest increase in Sylvamo's stock price, especially if other analysts and investors share this optimistic outlook.
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