TD Securities analyst Sean Steuart lowered the firm’s price target on West Fraser Timber (WFG) to $96 from $98 and keeps a Buy rating on the shares. The firm views the company’s Q2 report as “noisy” with EBITDA pressure worsened by inventory write-downs. However, West Fraser remains TD’s top pick in the sector. The analyst says the company is relatively insulated from tariffs.
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