B of A Securities Maintains Neutral on Sylvamo, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Sylvamo (NYSE:SLVM) while raising the price target from $82 to $88, indicating a positive outlook on the company's stock price.
September 23, 2024 | 4:16 pm
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B of A Securities has maintained a Neutral rating on Sylvamo (NYSE:SLVM) and increased the price target from $82 to $88, suggesting a positive outlook on the stock.
The increase in the price target from $82 to $88 by B of A Securities suggests a positive outlook on Sylvamo's stock, which could lead to a short-term price increase. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100