Weyerhaeuser upgraded at Bank of America on timberland assets
Bank of America upgraded Weyerhaeuser (WY) to Buy, citing discounted valuation and potential upside from lumber and housing market recovery. The price target was lowered to $25. BofA also adjusted targets for Louisiana-Pacific (LPX), Boise Cascade (BCC), and Sylvamo (SLVM). Lumber price forecasts were updated, with near-term challenges noted.



