Wall Street Sees a 54% Upside to Sylvamo Corporation (SLVM)

Core Viewpoint - Sylvamo Corporation (NYSE:SLVM) is identified as a strong dividend stock with a potential upside of 21% based on average price targets, and a high estimate suggesting a 54% upside [1][2]. Group 1: Analyst Upgrades and Price Targets - Analyst George Staphos at BofA upgraded Sylvamo from Underperform to Buy, raising the price target from $41 to $59 [1]. - The average price target indicates a potential upside of 21%, while the highest target suggests a 54% upside [1][2]. Group 2: Shareholder Rights Plan - On November 10, Sylvamo's board approved a limited-term shareholder rights plan to protect shareholder interests and enhance value [2]. - The rights plan was initiated after Atlas Holdings directed its board representatives to resign, ending a cooperation agreement [3]. - Atlas Holdings currently holds a 21.5% stake in Sylvamo, which includes 16% beneficial ownership and 5.5% through derivatives [3]. Group 3: Rights Plan Details - The rights plan allows for one right per share, effective from November 20, 2025, triggered if someone acquires 15% of shares or 20% for passive investors [4]. - If triggered, existing shareholders can purchase stock at half price, or Sylvamo can exchange rights for shares [4]. - The plan is set to last one year, expiring on November 9, 2026, but can be concluded earlier at the board's discretion [4]. Group 4: Company Overview - Sylvamo Corporation, founded in 1898 and headquartered in Memphis, produces and sells uncoated paper and pulp across Europe, Latin America, and North America [5].