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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on WY:
- Weyerhaeuser price target raised to $39 from $38 at RBC Capital
- Weyerhaeuser management to meet virtually with Seaport Research
- Weyerhaeuser management to meet with Seaport Research
- Weyerhaeuser purchases timberlands in Southern U.S.
- Weyerhaeuser downgraded to Market Perform from Strong Buy at Raymond James
