Truist Financial Remains a Hold on Clearwater Paper (CLW)
In a report released today, Michael Roxland from Truist Financial reiterated a Hold rating on Clearwater Paper, with a price target of $15.00.
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According to TipRanks, Roxland is a 3-star analyst with an average return of 2.4% and a 50.81% success rate. Roxland covers the Consumer Cyclical sector, focusing on stocks such as Packaging, International Paper Co, and Graphic Packaging.
Clearwater Paper has an analyst consensus of Moderate Buy, with a price target consensus of $18.33.
Based on Clearwater Paper’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $386.4 million and a net profit of $36.1 million. In comparison, last year the company earned a revenue of $387.1 million and had a GAAP net loss of $108 million
