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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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