Truist Securities Maintains Hold Rating for Weyerhaeuser: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Truist Securities has maintained its Hold rating for Weyerhaeuser (NYSE:WY) and raised its price target from $35.00 to $36.00. Weyerhaeuser's shares are currently trading up 2.11% at $34.38 per share. A move to $36.00 would represent a 4.71% increase from the current share price.
July 31, 2023 | 5:00 pm
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POSITIVE IMPACT
Truist Securities has maintained its Hold rating for Weyerhaeuser and raised its price target. This could potentially lead to a positive impact on Weyerhaeuser's stock in the short term.
The news of Truist Securities maintaining its Hold rating and raising the price target for Weyerhaeuser could potentially lead to increased investor confidence and a positive impact on the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100