Sylvamo Corp. (SLVM) PT Raised to $71 at RBC Capital

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BofA Securities Downgrades Sylvamo Corp. (SLVM) to Neutral

August 12, 2024 6:23 AM EDT

BofA Securities analyst George Staphos downgraded Sylvamo Corp. (NYSE: SLVM) from Buy to Neutral with a price target of $82.00 (from $71.00).


For an analyst ratings summary and ratings history on Sylvamo Corp. click here. For more ratings news on Sylvamo Corp. click here.


Shares of Sylvamo Corp. closed at $75.78 yesterday.

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Sylvamo (SLVM) Tops Q2 EPS by 40c ; Provides Outlook

August 9, 2024 7:08 AM EDT

Sylvamo (NYSE: SLVM) reported Q2 EPS of $1.98, $0.40 better than the analyst estimate of $1.58. Revenue for the quarter came in at $933 million versus the consensus estimate of $937.56 million.

Third Quarter Outlook

Adjusted EBITDA of $170 million to $185 million
Compared to the... More