Deutsche Bank Downgrades Rock-Tenn (RKT) to Hold; Fairly Valued After Recent Rally

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Goldman Sachs Upgrades Rock-Tenn (RKT) to Conviction Buy, Sees 22% Upside

September 7, 2012 6:57 AM EDT

Goldman Sachs upgraded Rock-Tenn (NYSE: RKT) from Neutral to Conviction Buy and raised their price target from $56 to $83 citing leverage to higher containerboard prices.

The firm said channel checks show that producers will implement the announced August $50/ton containerboard price increase over the... More