Smurfit Westrock price target raised to $45 from $43 at Wells Fargo

Wells Fargo raised the firm’s price target on Smurfit Westrock (SW) to $45 from $43 and keeps an Equal Weight rating on the shares. The firm notes Q2 started with extreme uncertainty, but it believes largely exited in line with expectations. Q2 Cboard pricing was flat. Stressed consumers keep Wells cautious domestically, with ongoing trade tensions and export demand an underappreciated risk.