Goldman Sachs Removed Sappi Limited (SPP) from its Conviction Sell List
More News related to SPP
- Goldman Sachs Removed Sappi Limited (SPP) from its Conviction Sell List
- Peter Mageza to Join Sappi Limited Board
- Sappi Limited Results for the Fourth Quarter and Year End September 2009
- Trading Radar for 11/09: Dish Network (DISH), Rockwell (ROK), Priceline.com (PCLN), MBIA (MBI), Ticketmaster (TKTM) Report
- SPoT Coffee Announces $3 Million Financing and Expansion Plans
Goldman Sachs removed Sappi Limited (NYSE: SPP) from its Conviction Sell List, but maintains a Sell rating.
The firm raised FY2010 and 2011 EPS estimates to breakeven and $0.25 from -$0.10 and +$0.20, respectively, primarily to reflect stronger margins in FY4Q2009 and flow through of structural cost reductions, which they expect will be partially offset by variable cost inflation.
Related Categories
Analyst CommentsStocks Mentioned
+0.03Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
