UPDATE: Deutsche Bank Lowers PT on Temple-Inland from $36 to $30

Deutsche Bank has published a research report on Temple-Inland (NYSE: TIN).

In the report, Deutsche Bank wrote, "It has been a tough, hot summer in Austin, TX --- especially at Temple-Inland headquarters. Operating problems and a black-liquor spill idled the big Bogalusa, LA containerboard mill in early August (the mill is still idle)."

Deutsche Bank rated Temple-Inland a BUY with a price target lowered from $36.00 to $30.00. Temple-Inland closed Tuesday at $21.33.