Sylvamo First Quarter Results Meet Expectations, Strong Second Quarter Outlook Reflects Improving Conditions

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Sylvamo Corp. (SLVM) PT Raised to $63 at RBC Capital

May 13, 2024 6:40 AM EDT

RBC Capital analyst Matthew McKellar raised the price target on Sylvamo Corp. (NYSE: SLVM) to $63.00 (from $56.00) while maintaining a Sector Perform rating.

The analyst comments "We see meaningful tailwinds for Sylvamo as the year progresses and continue to view the companys focus on... More