RBC Capital Upgrades PotlatchDeltic to Outperform, Announces $46 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew McKellar upgrades PotlatchDeltic (NASDAQ:PCH) from Sector Perform to Outperform with a new price target of $46.

May 01, 2024 | 11:32 am
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POSITIVE IMPACT
PotlatchDeltic upgraded by RBC Capital from Sector Perform to Outperform with a $46 price target.
Upgrades by major analysts like RBC Capital typically lead to positive short-term price movements as market participants adjust their positions based on the new information. The upgrade from 'Sector Perform' to 'Outperform' suggests a strong confidence in the company's future performance, potentially leading to increased investor interest and a rise in stock price towards the new target of $46.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100