Sylvamo Corporation (NYSE:SLVM) is one of the best dividend stocks to buy. As of December 5, the average price target for SLVM suggests an upside of 21%, however, the Street high indicates an upside of 54%.
Previously, according to a report by The Fly on November 17, analyst George Staphos at BofA upgraded Sylvamo Corporation (NYSE:SLVM) from Underperform to Buy, while boosting the price target from $41 to $59.
Photo by andres perez on Unsplash
Separately, on November 10, the company’s board agreed upon a limited-term shareholder rights plan, coming into effect at once, to safeguard the shareholder objectives and increase value for them.
The rights plan was approved after Atlas Holdings directed its two board representatives to resign, bringing the 2023 cooperation agreement to an end. Atlas carved a large stake in SLVM during 2022 and currently has a 21.5% position in Sylvamo, comprising 16% beneficial ownership and 5.5% via derivatives. The rights plan protects long-term shareholder value by preventing anyone from quietly accumulating a controlling interest without paying shareholders fairly or giving the board time to assess the situation.
Sylvamo Corporation (NYSE:SLVM) agreed to issue one right per share as of November 20, 2025. Rights will come into practice if someone buys 15% of the company’s shares, or 20% incase of passive investors. If the rights are triggered, other shareholders can buy stock at half price, or Sylvamo can exchange rights for shares. The plan lasts one year, until November 9, 2026, but the board can conclude it at any time at its discretion.
Sylvamo Corporation (NYSE:SLVM), headquartered in Memphis and founded in 1898, produces and sells uncoated paper and pulp in Europe, Latin America, and North America.
While we acknowledge the potential of SLVM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: Dow 20 Stocks List: Ranked By Hedge Fund Bullishness Index and 10 Unstoppable Dividend Stocks to Buy Now.
Disclosure. None.
