Domtar downgraded to Neutral from Buy at Goldman Goldman lowered the Paper & Forest Prodcucts sector to Neutral and downgraded Domtar as it no longer expects producers to pass through uncoated freesheet price increases and views valuation as reasonable. Price target remains $89.
News For UFS From The Last 14 Days
Check below for free stories on UFS the last two weeks.
Domtar sees paper volumes declining The company stated, "Our paper volumes are expected to decline with market demand while global softwood pulp markets are expected to remain balanced. The ramp-up of the new production lines are expected to positively impact the Personal Care business results towards the end of the year. Input costs are expected to stay relatively stable for 2H14."