Bank of America has expressed bullish optimism towards the paper and forest products sector, with analysts raising their rating to Buy across the industry...
Bank of America has expressed bullish optimism towards the paper and forest products sector , with analysts raising their rating to Buy across the industry. This positive sentiment stems from an improved outlook and favorable industry trends. BofA Securities George Staphos joins Market Domination to share his outlook on the paperboard markets.
And that data, both our survey and coming out of industry data has been pretty negative, really since the second half of 22.So that's your set up.Out of the independent box makers that we survey, we went from a 0.6% growth outlook to over 3% which in my world that's significant. But among other things, we saw a little bit of an uptick in the outlook for E commerce for the survey, based on what we're getting from an independent.And we talked about the companies that are affected.It's been probably the best performing container board company over the last two decades.
Forest Products Sector Cardboard Boxes Market Domination Industry Trends Outlook
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Consumer Bank Balances Are Still Propping Up Spending, BofA SaysConsumer spending is still benefiting from the extra padding bank balances got during the pandemic, according to Bank of America Corp. executive Dean Athanasia.
Read more »
Bank of America remains bullish on silver, sees $35 an ounce by 2026The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Bank of America raises Boeing's price target to $200 from $180Bank of America has raised its price target on Boeing (BA) from $180 to $200, noting that the company is 'too big to fail.' Yahoo Finance's Seana Smith and...
Read more »
Cheaper Indian Rupee Boosting Its Lure as Carry Trade, Bank of America Says(Bloomberg) -- The Indian rupee is stable and inexpensive compared to its emerging market peers, making it a favorite for carry traders, according to Bank of...
Read more »
Cheaper Indian Rupee Boosting Its Lure as Carry Trade, Bank of America SaysThe Indian rupee is stable and inexpensive compared to its emerging market peers, making it a favorite for carry traders, according to Bank of America Corp.
Read more »
Bank of America Energy Banker Relocating to Dubai as Deals SurgeA senior Bank of America Corp. dealmaker is relocating from London to Dubai, according to people familiar with the matter, as transactions in the Middle Eastern energy industry boom.
Read more »