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Fly News Breaks for July 24, 2015
BCC
Jul 24, 2015 | 08:29 EDT
As previously reported, DA Davidson upgraded Boise Cascade to Buy from Neutral with a $40 price target. The firm said the pullback in shares following the Q2 miss is a buying opportunity. Davidson is optimistic due to continued improvement in residential construction, expectations Boise's EWP and plywood should perform better than OSB and commodity framing lumber, and June results for distribution were the best in ten-years.
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