Kapstone (KS) Misses on Top and Bottom Line

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Deutsche Bank Downgrades KapStone Paper & Packaging (KS) to Hold

February 10, 2016 7:22 AM EST

Deutsche Bank downgraded KapStone Paper & Packaging (NYSE: KS) from Buy to Hold with a price target of $14.00 (from $22.00). The change follows disappointing Q4 results.

Analyst Debbie Jones said, "Q4 results fell well short of expectations on a number of fronts. The stronger... More