J.P. Morgan Comment On MeadWestvaco Analyst Day

According to J.P. Morgan, MeadWestvaco (NYSE: MWV) held an analyst day.

J.P. Morgan said that it attended MWV's analyst day held in Charleston, SC, which was primarily focused on the Specialty Chemicals and CDLM segments, businesses that bullish investors (and the company) feel are not being appropriately valued in today's stock price. “While we agree that, on a sum-of-the-parts basis, there could be substantial value to unlock from more aggressive action, we do not think that any kind of asset separation is part of management's near-term plan with either business.”

MeadWestvaco closed yesterday at $31.56.