Truist Securities Maintains Hold on Weyerhaeuser, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland maintains a Hold rating on Weyerhaeuser (NYSE:WY) but lowers the price target from $36 to $32.
July 16, 2024 | 2:05 pm
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Truist Securities analyst Michael Roxland maintains a Hold rating on Weyerhaeuser but lowers the price target from $36 to $32.
The lowered price target from $36 to $32 suggests a less optimistic outlook for Weyerhaeuser's stock performance, which could lead to a short-term negative impact on the stock price.
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