BMO Capital Maintains Outperform on West Fraser Timber, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained an 'Outperform' rating on West Fraser Timber and raised its price target from $105 to $115, indicating a positive outlook for the company's stock.
October 22, 2024 | 12:08 pm
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BMO Capital has maintained an 'Outperform' rating on West Fraser Timber and increased the price target from $105 to $115, suggesting a positive short-term outlook for the stock.
The increase in the price target from $105 to $115 by BMO Capital, along with the maintained 'Outperform' rating, suggests that analysts have a positive outlook on West Fraser Timber's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100