Citi lowered the firm’s price target on Weyerhaeuser (WY) to $31 from $35 and keeps a Buy rating on the shares. The firm says box demand “looks sluggish” in Q2.
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Read More on WY:
- Weyerhaeuser Unveils Strategic Growth Plans for 2025
- Weyerhaeuser to acquire 117,000 acres of timberlands in North Carolina, Virginia
- Weyerhaeuser to sell Princeton, B.C., lumber mill to Gorman Group for C$120M
- Weyerhaeuser Holds Annual Shareholders Meeting on May 9
- Weyerhaeuser authorizes new $1B share repurchase program
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