Reported 16 days ago
Seaport Global Securities has upgraded Smurfit Westrock Plc (NYSE:SW) from 'Neutral' to 'Buy' and set a price target of $52. The firm believes the recent decline in share price reflects investor concerns over European containerboard capacity expansion, but expects improved conditions due to capacity closures and better pricing for recycled containerboard. With a five-year strategic plan to be outlined in February 2026, Smurfit Westrock aims to highlight significant synergies and growth opportunities.
Source: YAHOO