Credit Suisse Initiates Coverage on Verso Paper (VRS) with an Outperform

June 25, 2008 8:24 AM EDT

Credit Suisse initiates coverage on Verso Paper (NYSE: VRS) with an Outperform rating. Price target $12.

Verso Paper Corp. is a indirect parent company of Verso Paper Finance Holdings LLC and Verso Paper Holdings LLC and a direct subsidiary of Verso Paper Management LP, a holding company whose subsidiaries operate in three operating segments: Coated & supercalendared (SC) papers, hardwood market pulp, and Other, consisting of specialty industrial paper.


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