RBC Capital Maintains Outperform on Weyerhaeuser, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Paul Quinn has maintained an Outperform rating on Weyerhaeuser (NYSE:WY) and increased the price target from $38 to $39.
December 19, 2023 | 4:04 pm
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RBC Capital analyst Paul Quinn reaffirmed an Outperform rating on Weyerhaeuser and raised the price target to $39, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a positive sentiment towards Weyerhaeuser's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100