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KS

KapStone

09:20
10/03/16
10/03
09:20
10/03/16
09:20

KapStone upgraded to Buy from Neutral at BofA/Merrill

KS KapStone

09/21/16
BMOC
09/21/16
UPGRADE
BMOC
Outperform
KapStone upgraded to Outperform from Market Perform at BMO Capital
09/23/16
DBAB
09/23/16
UPGRADE
Target $23
DBAB
Buy
KapStone upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Debbie Jones upgraded KapStone to Buy citing an "improved earnings trajectory" amid higher kraft paper export prices. The analyst raised her price target for the shares to $23 from $15
09/23/16
DBAB
09/23/16
UPGRADE
Target $90
DBAB
Buy
Packaging Corp. upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Debbie Jones upgraded Packaging Corp. of America (PKG) to Buy citing an "improved earnings trajectory" following the TimBar acquisition. The analyst raised her price target for the shares to $90 from $77. Jones this morning also upgraded KapStone (KS) to Buy. She raised her estimates across the Paper & Packaging space to reflect the likelihood of success for the October containerboard price hike initiative. Jones also raised her price target for Buy-rated WestRock to $53 from $50 and Hold-rating International Paper (IP) to $50 from $42.
09/30/16
RBCM
09/30/16
NO CHANGE
RBCM
KapStone price target raised to $23 from $17 at RBC Capital
RBC Capital analyst Paul Quinn raised his price target on KapStone citing successful implementation of rate hikes by the company in both of its core business lines. The analyst now assumed that $40 of the $50 per ton rate hike will stick, and he expects kraft paper export prices to also rise. He says that the stock's valuation is "compelling," and he keeps an Outperform rating on the shares.

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