DA Davidson cuts Weyerhaeuser stock price target on cost pressures
DA Davidson reduced its price target for Weyerhaeuser (WY) to $27 from $31, citing higher fuel costs and moderated housing demand. The stock is down 20% over six months. Despite the cut, the firm maintains a Buy rating. WY reported Q2 earnings beating estimates, with revenue of $1.87B. Truist Securities raised its target to $28, keeping a Hold rating. WY offers a 4.29% dividend yield.




