RBC Cuts Price Target on AbitibiBowater (ABH) to $0.50
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RBC Capital lowers its price target on AbitibiBowater (NYSE: ABH) from $2 to $0.50. The firm maintains its Sector Perform rating.
Shares of Abitibi are currently up 3.33% to $0.62.
AbitibiBowater, Inc. produces a range of newsprint, commercial printing papers, market pulp, and wood products.
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