Goldman Sachs Reiterates Buy Rating On MeadWestvaco

According to Goldman Sachs, MeadWestvaco (NYSE: MWV) Buy rating is reiterated.

Goldman Sachs said that it attended MeadWestvaco's (MWV) analyst day in Charleston, SC. “At the event, MWV highlighted the value of its US South land portfolio and sustainability of strong specialty chemicals earnings. We reiterate our CLBuy on MWV as we believe the fundamentals (boxboard pricing and chemicals earnings) and asset value remain underappreciated.”

MeadWestvaco closed yesterday at $31.56.