Boise Cascade price target raised to $94 from $85 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Boise Cascade (BCC) to $94 from $85 and keeps a Neutral rating on the shares. Heading into 2026, Boise Cascade appears well-positioned to benefit from company-specific initiatives despite a weak housing backdrop, including balanced growth in BMD, completion of the Thorsby i-line expansion, and stabilizing EWP pricing, the analyst tells investors in a research note. While operational discipline, lean channel inventories, and a balanced capital allocation strategy support longer-term execution and earnings stability, limited near-term visibility into a housing recovery is likely to keep shares range bound, the firm says.