Raymond James Downgrades Weyerhaeuser to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Buck Horne has downgraded Weyerhaeuser (NYSE:WY) from Strong Buy to Market Perform, indicating a change in the firm's outlook on the stock.
November 27, 2023 | 11:23 am
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Weyerhaeuser was downgraded by Raymond James from Strong Buy to Market Perform, which may influence investors' perception and could potentially impact the stock's performance in the short term.
Downgrades by analysts, especially from a Strong Buy to a Market Perform rating, often lead to a negative short-term reaction in the stock price as it reflects a less optimistic view on the company's future performance.
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