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BUZZ - Bank of America upgrades Weyerhaeuser rating, recommends "buy on dips"

BUZZ - Bank of America upgrades Weyerhaeuser rating, recommends "buy on dips"

路透社路透社2026/10/14 15:46
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- ** Bank of America Global Research upgraded the rating of timber, land and forest products company Weyerhaeuser WY.N from "Neutral" to "Buy"
** The firm recommends "buying on dips," and lowered the target price for the stock from $28 to $25; the new target price suggests about 32% upside from the latest closing price
** "The short-term outlook is tough, but when market sentiment is weak, asset-based stock stories tend to be the most attractive" — Bank of America

** Of 13 brokerages, 10 rate the stock as "Buy" or higher, 2 as "Hold," and 1 as "Sell"; the median target price is $30 — Reuters compiled data

** Including the latest decline, the stock has fallen more than 19% year-to-date


(To assist non-English speakers, Reuters has automated the translation of its reports into several other languages. As automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the automated translation and provides it solely for readers’ convenience. Reuters accepts no responsibility for any harm or losses arising from the use of automated translation.)

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