International Paper (IP) - Get International Paper Company (IP) Report was upgraded to outperform from market perform at BMO Capital. $62 price target. The company is leveraged to higher pulp and container board prices, BMO said.
Packaging Corp. (PKG) - Get Packaging Corporation of America Report was upgraded to outperform from market perform at BMO Capital. $100 price target. The company should benefit from higher container board prices, BMO said.
Verizon was downgraded to sector perform at RBC Capital. $51 price target. Earnings estimates were also cut, as the company is facing increased competitive challenges, RBC said.
This article was written by a staff member of TheStreet.