B of A Securities Upgrades Weyerhaeuser to Buy, Raises Price Target to $38
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst George Staphos has upgraded Weyerhaeuser (NYSE:WY) from Neutral to Buy and raised the price target from $34 to $38.
July 10, 2023 | 11:28 am
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Weyerhaeuser has been upgraded from Neutral to Buy by B of A Securities, with a raised price target from $34 to $38.
The upgrade from Neutral to Buy indicates a positive outlook for Weyerhaeuser. The raised price target from $34 to $38 suggests that the analyst believes the stock has potential for growth. 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