RBC Capital Maintains Sector Perform on Sylvamo, Raises Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew McKellar maintains a Sector Perform rating on Sylvamo (NYSE:SLVM) and raises the price target from $63 to $71.
August 12, 2024 | 4:41 pm
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RBC Capital analyst Matthew McKellar maintains a Sector Perform rating on Sylvamo and raises the price target from $63 to $71.
The raised price target from $63 to $71 by RBC Capital suggests a positive outlook for Sylvamo, which could lead to a short-term increase in stock price. However, the Sector Perform rating indicates that the stock is expected to perform in line with the market, tempering the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100