Truist analyst Michael Roxland has adjusted the price target for Smurfit Westrock (SW, Financial), reducing it from $62 to $50. Despite this revision, the analyst maintains a Buy rating on the stock. This change reflects a broader trend of declining valuation multiples influenced by looming economic challenges.
Recent market developments, including concerns over tariffs and the possibility of a recession triggered by diminishing consumer demand, are contributing factors to the downward pressure on valuations across the sector. These economic uncertainties are prompting investors to reassess the potential risks and returns associated with companies like Smurfit Westrock.