Goldman Sachs Drops Rock-Tenn (RKT) from Conviction Buy List

January 15, 2013 9:12 AM EST
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Price: $61.97 --0%

Rating Summary:
    13 Buy, 4 Hold, 1 Sell

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    Up: 30 | Down: 30 | New: 23
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Goldman Sachs removed Rock-Tenn (NYSE: RKT) from its Conviction Buy List, but maintained a Buy rating and $83 price target.

The firm said the stock price is beginning to factor in the potential of a Spring containerboard price increase, which Goldman themselves are not currently forecasting.

For an analyst ratings summary and ratings history on Rock-Tenn click here. For more ratings news on Rock-Tenn click here.

Shares of Rock-Tenn closed at $74.55 yesterday.

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