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Fly News Breaks for April 4, 2017
BCC
Apr 4, 2017 | 06:39 EDT
BofA/Merrill analyst George Staphos upgraded Boise Cascade to Buy from Neutral and raised its price target to $34 from $32 saying higher wood product prices and sequential improvement in earnings and valuation should act as a catalyst for shares. The analyst raised his wood price forecasts for 2017 above guidance given recent pricing trends and expectations for increased operating rates with continued improvement in the housing market.
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