Zacks Investment Research downgraded shares of RAYONIER ADV MT (RYAM) from NEUTRAL to UNDERPERFORM on September 01, 2014, with a target price of $31.50.
Rayonier Advanced Materials Inc. operates as a global supplier of cellulose specialties products, a natural polymer for the chemical industry. Its products include cellulose specialties primarily used in dissolving chemical applications commodity viscose used in the manufacture of textiles for clothing and other fabrics, and in non-woven applications absorbent materials comprising fibers for absorbent hygiene products and other products. Rayonier's products are used in a wide range of industrial and consumer products such as filters, cosmetics and pharmaceuticals. The Company's production facilities are located primarily in Jesup, Georgia, and Fernandina Beach, Florida. Rayonier Advanced Materials Inc. is headquartered in Jacksonville, Florida.
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