Truist Securities Maintains Hold on Weyerhaeuser, Raises Price Target to $35
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Neal Dingmann has maintained a 'Hold' rating on Weyerhaeuser (NYSE:WY) and raised the price target from $34 to $35.
June 28, 2023 | 2:25 pm
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NEUTRAL IMPACT
Weyerhaeuser's price target has been raised from $34 to $35 by Truist Securities, while maintaining a 'Hold' rating.
The news is directly about Weyerhaeuser and is likely to influence investor sentiment. However, as the rating is 'Hold', it suggests that the stock is expected to perform in line with the market or sector in the short term, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100