DOMTAR (UFS $76.35 rated Overweight with $111 down from $130 price target) HIGHER CAPEX ESTIMATES AS DOMTAR INVESTS IN PERSONAL CARE SEGMENT CROWD OUT SHARE REPURCHASES COMBINED WITH LOWER, MORE CONSERVATIVE, LONG TERM PRICING FOR PULP AND PAPER SEGMENT AS DOMESTIC UFS DEMAND DECLINES AT 3%-4% PER YEAR. 2/11/2013

DOMTAR (UFS $76.35 rated Overweight with $111 down from $130 price target)
HIGHER CAPEX ESTIMATES AS DOMTAR INVESTS IN PERSONAL CARE
SEGMENT CROWD OUT SHARE REPURCHASES COMBINED WITH LOWER,
MORE CONSERVATIVE, LONG TERM PRICING FOR PULP AND PAPER
SEGMENT AS DOMESTIC UFS DEMAND DECLINES AT 3%-4% PER YEAR. 2/11/2013