Zacks Research upgraded shares of Sappi (OTCMKTS:SPPJY – Free Report) from a strong sell rating to a hold rating in a report released on Tuesday,Zacks.com reports. Sappi Stock Down 6.9%Sappi stock opened at $0.70 on Tuesday. Get Sappi alerts:Sappi (OTCMKTS:SPPJY – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. Equities research analysts expect that Sappi will post -0.19 earnings per share for the current year. Sappi Company ProfileSappi Limited, trading on the OTCMKTS as SPPJY, is a global pulp and paper company headquartered in Johannesburg, South Africa.