DA Davidson Maintains Buy on Weyerhaeuser, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Kurt Yinger maintains a Buy rating on Weyerhaeuser (NYSE:WY) but lowers the price target from $37 to $36.
July 29, 2024 | 12:45 pm
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NEUTRAL IMPACT
DA Davidson analyst Kurt Yinger maintains a Buy rating on Weyerhaeuser but lowers the price target from $37 to $36.
The Buy rating suggests continued confidence in Weyerhaeuser's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100