Containerboard pricing anxiety sends sector names lower

Jun. 24, 2019 10:04 AM ETIP, PKG, WRKBy: Clark Schultz, SA News Editor11 Comments
  • Packaging Corp of America (PKG -2.5%) and WestRock (WRK -2%) both trade lower after a Stephens downgrade on International Paper (IP -2.2%) on pricing concerns turns some heads.
  • Goldman Sachs is also negative on the sector following the latest pricing update from Pulp & Paper Week, while BMO Capital thinks the low "giveback" on pricing is actually a positive given the higher level of inventory.

Recommended For You

Comments (11)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.