Suntrust Bullish on Schweitzer-Mauduit (SWM)

Suntrust just issued a “big call” on Schweitzer-Mauduit International SWM; they said that they have just learned that “the EU governing body officially voted on and passed LIP (fire-safe) cigarette standards on August 17th.” The analysts reiterated their Buy rating on the stock. Schweitzer-Mauduit International, Inc. is a multinational diversified producer of specialty papers. SWM manufactures and sells paper and reconstituted tobacco products to the tobacco industry, as well as specialized paper products for use in other applications.