As previously reported, Goldman Sachs analyst Brian Maguire upgraded Domtar to Buy with a price target raised to $56 from $51, saying the current valuation on the stock marks an attractive entry point. The analyst notes that while the company has high exposure to the secular decline in printing paper, he believes that investors should give more credit to its track record of repurposing paper assets into "stable or growing markets" like fluff pulp and containerboard. Maguire adds that the plan for these conversions laid out last year should boost Domtar's margins and return on invested capital, with valuation on the stock that should better reflect the "long-term benefits of conversion to attractive, growing grades."