Alert: Major Price Advance (7/22/24)-Clearwater Paper Corp (NYSE: CLW).

out_logo_500#64409.jpg

Clearwater Paper Corp (NYSE: CLW) stock enjoyed a major increase of 13.1% on 7/22/24. The shares closed at $55.35. Moreover, this advance was accompanied by exceptionally high trading volume at 244% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 18.4% during the last week.

out_mm#64409.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, CLW is expected to continue to be a Value Builder.

Clearwater Paper has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Clearwater Paper has a slightly positive Appreciation Score of 66 and a good Power Rating of 83, leading to the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*