Neenah Paper (NP) Shares Volatile Following Buckingham Downgrade

January 3, 2012 2:55 PM UTC
Get Alerts NP Hot Sheet
Price: $20.30 -4.25%

Rating Summary:
    11 Buy, 6 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Buckingham Research's Mark Weintraub downgraded shares of Neenah Paper (NYSE: NP) from Buy to Neutral in a mid-day research note Tuesday. The analyst suspended his $21 price target.

Shares fell nearly 4 percent (and pushed below the 200-day SMA) following the downgrade. After testing support at $22, the stock bounced sharply and is now up about 2.2 percent from Friday's close.

For an analyst ratings summary and ratings history on Neenah Paper click here. For more ratings news on Neenah Paper click here.


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