RBC Capital Reaffirms Their Hold Rating on Sylvamo Corp (SLVM)
In a report released on October 20, Matt McKellar from RBC Capital maintained a Hold rating on Sylvamo Corp, with a price target of $47.00. The company’s shares closed yesterday at $42.58.
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McKellar covers the Basic Materials sector, focusing on stocks such as Western Forest Prod, Interfor, and Clearwater Paper. According to TipRanks, McKellar has an average return of 1.6% and a 39.86% success rate on recommended stocks.
In addition to RBC Capital, Sylvamo Corp also received a Hold from TR | OpenAI – 4o’s Sylvia Sheetwyn in a report issued on October 17. However, on October 9, Bank of America Securities maintained a Sell rating on Sylvamo Corp (NYSE: SLVM).
SLVM market cap is currently $1.7B and has a P/E ratio of 8.06.
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