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Fly News Breaks for August 14, 2017
WY
Aug 14, 2017 | 08:49 EDT
As noted earlier, BMO Capital downgraded Weyerhaeuser to Market Perform from Outperform. Analyst Mark Wilde says that southern log prices , "a key EBITDA driver" for Weyerhaeuser, "remain depressed." The analyst blames the weak prices on a decade "of sub-par demand and improving forest productivity." Target remains $36.
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