-
BofA Upgrades O-I Glass On An Improvement In Outlook
Friday, May 27, 2022 - 10:59am | 224Read More...O-I Glass Inc’s (NYSE: OI) positioning in Europe has strengthened and there is potential for demand for glass-packaged products to be less price elastic, according to BofA Securities. The O-I Glass Analyst: George Staphos upgraded the rating for O-I Glass from Neutral to Buy, while raising...
-
Sylvamo Stock Is Affordable In Positive Paper Pricing Environment, BofA Says
Thursday, October 7, 2021 - 3:32pm | 213Read More...Sylvamo Corporation’s (NYSE: SLVM) stock is trading at an attractive valuation at a time when uncoated free sheet (UCFS) prices are rising, according to BofA Securities. The Sylvamo Analyst: George Staphos initiated coverage of Sylvamo with a Buy rating and $38 price target. The...
-
BofA Downgrades Amcor On Modest Relative Growth Prospects
Tuesday, November 24, 2020 - 2:30pm | 211Read More...Although Amcor PLC (NYSE: AMCR) is a quality company and has performed well against expectations, its stock is likely to lag peers over the next few quarters, according to BofA Securities. The Amcor Analyst: George Staphos downgraded Amcor from Neutral to Underperform, while maintaining the...
-
BofA Steps To Sidelines On Sonoco, Looks For Results In 2022
Friday, October 23, 2020 - 11:28am | 315Read More...Global packaging solutions company Sonoco Products Co (NYSE: SON) stands to benefit from near-term catalysts in 2021, but it's hard to justify buying the stock at today's levels, according to BofA Securities. The Sonoco Products Analyst: George Staphos downgraded Sonoco from Buy...
-
Weyerhaeuser Loses A Long-Time Supporter; Bank Of America Downgrades
Wednesday, July 5, 2017 - 2:33pm | 407Read More...Shares of Weyerhaeuser Co (NYSE: WY) — a timber, land and forest products company — were trading lower by nearly 2 percent Wednesday after a long-time bullish analyst turned incrementally negative on the stock. Bank of America's George Staphos downgrades Weyerhaeuser's stock rating from...
-
The Paper Chase: Analyst Sees These 2 Paper Stocks With The Most Upside
Friday, February 17, 2017 - 1:34pm | 483Read More...The paper industry is far from the most exciting sector to invest in but that doesn't mean that investors can't find opportunities. George Staphos of Bank of America commented in a research report on Friday that he continues to hold a positive view on the containerboard and boxboard companies after...
-
Bank Of America Hits 'Reset' Button On The Packaging Industry
Tuesday, September 15, 2015 - 11:31am | 739Read More...Analysts at Bank of America commented in a note on Tuesday it has been a "particularly challenging" period for packaging stocks. Packaging (particularly specialty) and wood products are preferred investment choices over containerboard stocks. Shares of AptarGroup, Inc. (NYSE:...
-
UPDATE: Bank Of America Upgrades Domtar
Tuesday, August 19, 2014 - 11:07am | 115Read More...In a report released Tuesday, Bank of America analyst George Staphos upgraded Domtar (NYSE: UFS) from Underperform to Buy. The note states its thesis does not have long-term outlook on paper and pulp markets. Analysts at Bank of America believe Domtar displays a positive risk/reward skew,...







