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Fly News Breaks for July 31, 2019
PCH
Jul 31, 2019 | 07:11 EDT
RBC Capital analyst Paul Quinn cut PotlatchDeltic to Sector Perform with an unchanged price target of $42. The analyst says the company's Q2 earnings beat was mainly driven by two large land sales. Quinn also cites "limited capital" going into timberlands along with "continued challenges" in Wood Products and slowing pace of transactions, reducing the number of "upside catalysts" for the stock.
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