TEMPLE INLAND (TIN $12.12, rated OVERWEIGHT) PRICE TARGET DROPPED TO $17 FROM $19 AND EARNINGS ESTIMATES CUT DUE TO HIGH COSTS AND INCREASED LOSSES; OVERWEIGHT RATING MAINTAINED AS “SUM OF THE PARTS” OR MERGER COULD CREATE VALUE May 4, 2008
TEMPLE INLAND (TIN $12.12, rated OVERWEIGHT) PRICE TARGET DROPPED
TO $17 FROM $19 AND EARNINGS ESTIMATES CUT DUE TO HIGH COSTS
AND INCREASED LOSSES; OVERWEIGHT RATING MAINTAINED AS “SUM OF
THE PARTS” OR MERGER COULD CREATE VALUE May 4, 2008