UPDATE: Goldman Sachs Moves Temple-Inland to Not Rated

Goldman Sachs is moving Temple-Inland TIN to Not Rated. In a note to clients, Goldman Sachs writes, "The Americas Investment Review Committee has determined that the ratings and price target for Temple Inland should be removed. Goldman Sachs is acting as a financial advisor in connection with an announced strategic matter that is fundamental to the reasonable analysis of the rating and price target for this stock." At the time of posting, shares of TIN were trading pre-market at $30.10, up 43.27% from Monday's close.