RBC Capital has updated its price target for Smurfit Westrock (SW, Financial), lowering it from $61 to $57 while maintaining an Outperform rating. This adjustment comes amidst an increasingly uncertain macroeconomic environment that has evolved since the beginning of the year.
The broader economic landscape has drawn significant attention due to tariffs, trade issues, and their potential effects on economic growth and inflation. These factors have been at the forefront of discussions over recent months. RBC Capital's assessment suggests that the demand trajectory could play a critical role in influencing the performance of companies in the Paper & Forest Products sector, potentially rivalling the direct impacts of tariffs.
Investors are advised to consider these dynamics as they could significantly affect the sector's outlook going forward.
