7/102 sources · 2 publishersUpdated Oct 14, 15:07 UTC
Bank of America upgrades Weyerhaeuser to Buy and cuts price target
Bank of America Securities raised its rating on Weyerhaeuser (WY) from Neutral to Buy, saying the stock trades at a deep discount to its asset value and could benefit from a rebound in lumber prices and housing demand. The broker lowered the price target to $25 from $28. The upgrade also included revised price targets for Louisiana‑Pacific, Boise Cascade and Sylvamo.
Why it matters
The lower price target sets a new near‑term ceiling for the stock, which may influence investors’ valuation models. The rating change could attract buying interest from analysts and fund managers who follow BofA’s recommendations.
Key facts
- 1Bank of America upgraded Weyerhaeuser to Buy from Neutral on October 14, 2026. tradingview.com
- 2The broker reduced its price target for Weyerhaeuser to $25, down from $28. tradingview.com
- 3BofA estimates the timberland company's intrinsic asset value at more than $35 per share. tradingview.com
- 4The price target for Louisiana‑Pacific was cut to $85 from $100. tradingview.com
- 5The price target for Boise Cascade was cut to $80 from $89. tradingview.com
- 6The price target for Sylvamo was cut to $42 from $45. tradingview.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.