UPDATE: Deutsche Bank Downgrades KapStone and Packaging to Hold Following Longview Fibre Acquisition Announcement
June 12, 2013 at 11:00 AM EDT
In a report published Wednesday, Deutsche Bank analyst Mark Wilde downgraded the rating on KapStone and Packaging (NYSE: KS ) from Buy to Hold, but raised the price target from $31.00 to $38.00. In the report, Deutsche Bank noted, “On Monday, KapStone announced the acquisition of Longview Fibre from Brookfield Capital
