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Truist Financial Reaffirms Their Hold Rating on Clearwater Paper (CLW)

Tipranks - Tipranks - Tue Feb 3, 7:12AM CST

In a report released today, Michael Roxland from Truist Financial reiterated a Hold rating on Clearwater Paper, with a price target of $21.00.

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Roxland covers the Consumer Cyclical sector, focusing on stocks such as Greif Class A, Packaging, and Graphic Packaging. According to TipRanks, Roxland has an average return of 5.5% and a 60.64% success rate on recommended stocks.

Currently, the analyst consensus on Clearwater Paper is a Moderate Buy with an average price target of $23.00.

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Based on Clearwater Paper’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $399 million and a GAAP net loss of $53.9 million. In comparison, last year the company earned a revenue of $393.3 million and had a net profit of $5.9 million

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