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Fly News Breaks for April 1, 2015
RKT
Apr 1, 2015 | 06:54 EDT
Citigroup recommends using the post-guidance cut pullback in shares of RockTenn as a buying opportunity. Citi says at least 10c of the guidance reduction was driven by issues that appear to be transitory. It points out that weather and operational disruptions are common in the Paper industry. Citi keeps a Buy rating on RockTenn with a $77 price target.
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