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Fly News Breaks for July 5, 2017
UFS
Jul 5, 2017 | 16:19 EDT
KeyBanc analyst Adam Josephson initiated Domtar with an Underweight and a $33 price target given declining organic EBITDA over the past five years and recent substantial investment in Personal Care have failed to meet management's expectations. Further, the analyst believes pulp prices have peaked and expects prices to start to decline in second half 2017.
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