Goldman Sachs Downgrades Domtar (UFS) to Neutral

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Goldman Sachs downgraded Domtar (NYSE: UFS) from Buy to Neutral with a price target of $89, citing downside risks to consensus forecasts.

Goldman sees limited upside to uncoated freesheet (UCFS) and pulp prices from current levels, downside risk to consensus forecasts in 2013, and said valuation appears to be fair.

For an analyst ratings summary and ratings history on Domtar click here. For more ratings news on Domtar click here.

Shares of Domtar closed at $83.26 yesterday, with a 52 week range of $69.60-$100.82.

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