trending Market Intelligence /marketintelligence/en/news-insights/trending/fXcCmmAlEMP6OTUX9T8lQw2 content esgSubNav
In This List

D.A. Davidson & Co. lowers Weyerhaeuser to 'neutral'

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model

Video

How to use ESG Heat Maps in Credit Risk Analysis


D.A. Davidson & Co. lowers Weyerhaeuser to 'neutral'

D.A.Davidson & Co. analyst Steve Chercover cut his investment opinionof Weyerhaeuser Co.to "neutral" from "buy," and decreased his price target to$33 from $34.

The analyst wrote in a research report: "WY shares haveappreciated by 38% since the closing of the PCL deal on February 19th. Withdiminished earnings expectations and a reduction in our NAV, we are cutting ourtarget … (in line with NAV, and the only Timber REIT expected to trade at sucha narrow discount). With only 4% equity upside and a 4% dividend yield, we nowrate WY shares NEUTRAL."