RBC Capital Maintains Outperform on Rayonier Adv Materials, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew McKellar has maintained an 'Outperform' rating on Rayonier Advanced Materials (NYSE:RYAM) and raised the price target from $9 to $10.
September 19, 2024 | 1:50 pm
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RBC Capital has reaffirmed its 'Outperform' rating for Rayonier Advanced Materials and increased the price target to $10, indicating positive expectations for the stock.
The increase in price target from $9 to $10 by RBC Capital suggests a positive outlook for Rayonier Advanced Materials. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100