Neenah Paper (NP) Shares Surge as Buckingham Upgrades to Buy

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September 20, 2011 2:45 PM EDT
Get Alerts NP Hot Sheet
Price: $31.71 -1.12%

Rating Summary:
    10 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of Neenah Paper (NYSE: NP) have rocketed into positive territory following a late-day upgrade from Buckingham Research's Mark Weintraub. The stock last traded at $15.35, up 0.7 percent from Monday's closing price.

Weintraub now rates the stock a Buy, up from Neutral previously. The analyst set a new $21 price target on shares.

The move higher in the stock may have been substantial as it appears Weintraub may be the only analyst on the Street currently covering the stock.

The firm's new price target implies potential upside of about 37 percent from where the stock is trading Tuesday.

For more ratings news on Neenah Paper click here and for the rating history of Neenah Paper click here.

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