Zacks Initiates Coverage of Glatfelter With Underperform Recommendation
GLTGlatfelter (GLT) ZACKS·2024-06-10 20:35

Zacks Investment Research has recently initiated coverage of Glatfelter Corporation (GLT) with an Underperform recommendation. The comprehensive research report outlines several critical factors contributing to this outlook, highlighting significant financial challenges and operational inefficiencies that this North- Carolina based company currently faces. Glatfelter's financial performance in the first quarter of 2024 has raised red flags. The company incurred a net loss of $26.2 million, wider than the pr ...