Barclays raised the firm’s price target on Smurfit Westrock (SW) to $68 from $60 and keeps an Overweight rating on the shares. The firm expects the strength in U.S. corrugated packaging business to more than offset any weakness in U.S. consumer packaging and European corrugated packaging. It sees more upside than downside for Smurfit Westrock.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SW:
- Smurfit Westrock initiated with a Buy at Argus
- Smurfit Westrock CEO Sells Shares on London Exchange
- Cascades, Pratt price hikes positive for containerboard group, says Truist
- Smurfit Westrock price target raised to $69 from $65 at JPMorgan
- Smurfit Westrock’s Strategic Financial Moves and Green Focus
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
