BofA analyst George Staphos raised the firm’s price target on Veritiv to $162 from $150 and keeps a Buy rating on the shares. The firm raised estimates following the company’s Q4 results given valuation and continued price/cost and productivity.
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Published first on TheFly
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Read More on VRTV:
- Veritiv sees 2023 EPS $19.00-$22.00 vs. $23.29 in 2022
- Veritiv reports Q4 EPS $5.20 vs. $3.67 last year
- Veritiv Announces Record Fourth Quarter and Full Year 2022 Net Income, EPS, Adjusted EBITDA, and Adjusted EBITDA Margin
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