(USA) S&P Equity Research has downgraded Neenah Paper (NYSE: NP) from Buy to Hold.
S&P analyst, S. Benway, says, "NP posts Q1 EPS of $0.57 vs. $0.67, below our estimate of $0.75. The company during the quarter classified as discontinued its pulp unit, which had earned $0.31 in Q1 '07."
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S&P analyst, S. Benway, says, "NP posts Q1 EPS of $0.57 vs. $0.67, below our estimate of $0.75. The company during the quarter classified as discontinued its pulp unit, which had earned $0.31 in Q1 '07."
(To read the complete story, click the headline link above)
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Bookmark this story
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