Goldman Sachs Maintains Buy on Domtar (UFS)
Goldman Sachs is out with its report today on Domtar (NYSE: UFS), maintaining Buy.
In a note to clients, Goldman Sachs writes, "We rate Domtar Buy, given robust free cash flow, return of cash to shareholders, and valuation at a double digit FCF yield. Risks include weaker uncoated freesheet demand and prices, weaker pulp fundamentals, and significant cost inflation."
At the time of posting, shares of UFS were trading at $89.03, up 0.80% from Friday's close.
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