DA Davidson analyst Kurt Yinger keeps a Buy rating and $55 price target on PotlatchDeltic after its Q1 earnings beat. The results were propelled by record harvest levels, with the company taking advantage of favorable logging conditions, the analyst tells investors in a research note. The firm adds that while Wood Products segments profitability was challenged, it will be "competitive, if not favorable" vs industry peers that are yet to report.
Published first on TheFly
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