Wells Fargo lowered the firm’s price target on Smurfit Westrock to $50 from $53 and keeps an Equal Weight rating on the shares. The firm believes the cboard industry is still in the middle inning of the price upcycle, as Wells envisions another 1M-plus tonnes of capacity taken out in the next 12-24M.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SW: