Truist Securities Maintains Hold on Weyerhaeuser, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Weyerhaeuser (NYSE:WY) while raising the price target from $31 to $34.
October 15, 2024 | 12:18 pm
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Truist Securities has maintained a Hold rating on Weyerhaeuser and increased the price target from $31 to $34, indicating a positive outlook.
The increase in the price target from $31 to $34 by Truist Securities suggests a positive outlook for Weyerhaeuser, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100