Domtar downgraded to Neutral from Buy at Goldman Goldman Sachs downgraded Domtar to Neutral citing weaker than expected uncoated freesheet pricing. The firm lowered its price target for shares to $38 from $56.
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."