RBC Capital Maintains Outperform on Weyerhaeuser, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Paul Quinn maintains an Outperform rating on Weyerhaeuser (WY) but lowers the price target from $38 to $37.

April 29, 2024 | 1:40 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Weyerhaeuser but lowers the price target from $38 to $37.
The adjustment in price target by RBC Capital reflects a slight change in valuation expectation for Weyerhaeuser, though the Outperform rating indicates continued confidence in the company's performance. The reduction in price target is relatively minor, suggesting that the overall investment thesis remains strong but acknowledges some adjustments to market conditions or company prospects. This could lead to a neutral short-term impact on the stock as investors digest the implications of the revised price target against the backdrop of ongoing positive analyst sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100