BofA analyst George Staphos downgraded Sylvamo (SLVM) to Underperform from Neutral with a $96 price target The firm sees trends “as currently solid for Sylvamo,” calling its rating change “a relative call” after a “strong run” for the shares. Despite having recently raised forecasts, the firm’s expected total return potential for shares is only 8% including dividends with 2025 seen as “a relative peak in earnings,” the analyst tells investors.
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