PotlatchDeltic price target lowered to $42 from $44 at Truist

Truist lowered the firm’s price target on PotlatchDeltic (PCH) to $42 from $44 and keeps a Hold rating on the shares. Multiples across the firm’s coverage have compressed in recent weeks due to concerns over tariffs and the potential for a recession from slower consumer demand, the analyst tells investors in a research note.