Stock Rating Upgrade
In the last week the Value Trend Rating for Clearwater Paper Corp (NYSE: CLW) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Clearwater Paper Corp (NYSE: CLW) stock rose modestly by 0.8% on 5/3/24. The stock closed at $45.22. Trading volume in this advance was normal. The stock has been strong relative to the market over the last nine months and has risen 13.2% during the last week.
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 B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Clearwater Paper has a slightly positive Power Rating of 63 and a slightly positive Appreciation Score of 67, with the Positive Value Trend Rating the result.
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