Smurfit Westrock price target raised to $57 from $51 at RBC Capital

RBC Capital analyst Matthew McKellar raised the firm’s price target on Smurfit Westrock (SW) to $57 from $51 and keeps an Outperform rating on the shares after its Q4 results and outlook. The company presented medium term targets that look largely achievable and reasonable, and align with the firm’s view that significant value creation is possible in North America, the analyst tells investors in a research note.