Sylvamo Corporation (NYSE:SLVM) is considered one of the best dividend stocks to buy, with an average price target suggesting a 21% upside and a Street high indicating a 54% increase. Analysts at BofA recently upgraded SLVM from Underperform to Buy, with a price target boost to $59.

The company’s board approved a limited-term shareholder rights plan to protect shareholder interests and enhance long-term value. This decision followed the resignation of two board representatives from Atlas Holdings, which held a 21.5% stake in Sylvamo, including beneficial ownership and derivatives.

Sylvamo Corporation (NYSE:SLVM) implemented a rights plan issuing one right per share as of November 20, 2025. If someone acquires 15% of the company’s shares or 20% for passive investors, the rights will activate. Shareholders can purchase stock at a discount, or Sylvamo can exchange rights for shares under this plan lasting until November 9, 2026.

Headquartered in Memphis and established in 1898, Sylvamo Corporation (NYSE:SLVM) manufactures and sells uncoated paper and pulp across Europe, Latin America, and North America. While SLVM shows investment potential, some AI stocks may offer greater upside with lower downside risk, according to analysts.

Read more at Yahoo Finance: Wall Street Sees a 54% Upside to Sylvamo Corporation (SLVM)