Truist Securities Upgrades Boise Cascade to Buy, Raises Price Target to $100
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Roxland has upgraded Boise Cascade (NYSE:BCC) from Hold to Buy and raised the price target from $66 to $100.
June 28, 2023 | 10:58 am
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Boise Cascade's stock has been upgraded from Hold to Buy by Truist Securities, with a price target increase from $66 to $100.
The upgrade from Hold to Buy indicates a positive outlook for Boise Cascade's stock. The significant increase in the price target from $66 to $100 suggests that the analyst sees substantial upside potential. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100