Citi analyst Anthony Pettinari lowered the firm’s price target on PotlatchDeltic (PCH) to $44 from $45 and keeps a Neutral rating on the shares. The firm updated timber real estate investment trust models to reflect reduced price and volume assumptions for logs and lumber.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCH:
- PotlatchDeltic downgraded to Sector Perform from Outperform at RBC Capital
- PotlatchDeltic Reports Q3 Earnings and Merger Plans
- PotlatchDeltic Navigates Market Challenges with Strategic Moves
- PotlatchDeltic reports Q3 adjusted EPS 36c, consensus 20c
- PCH Earnings Report this Week: Is It a Buy, Ahead of Earnings?