- RBC Capital initiates coverage on KapStone Paper & Packaging (NYSE:KS) with an Outperform rating.
- The investment firm has a $36 price target on shares.
- The RBC nod on KapStone arrives just as MeadWestvaco and Rock-Tenn announce their merger in a development that could be supportive of pricing in the sector.
KapStone Paper & Packaging upgraded amid large sector merger
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| Symbol | Last Price | % Chg |
|---|---|---|
| KS | - | - |
| KapStone Paper and Packaging Corporation | ||