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Weyerhaeuser price target lowered to $37 from $38 at BofA

BofA analyst George Staphos lowered the firm’s price target on Weyerhaeuser to $37 from $38 and keeps a Buy rating on the shares. Weyerhaeuser refined its expected adjusted EBITDA commentary for Wood Products to a sequential reduction of $30M versus Q3 excluding the impact of price changes, the analyst tells investors in a research note.

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