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Fly News Breaks for January 2, 2019
WY
Jan 2, 2019 | 07:31 EDT
As previously reported, BofA/Merrill downgraded Weyerhaeuser to Neutral from Buy and cut its price target to $26 from $33. Analyst George Staphos lowered 2019 estimates below consensus due to a continued decline in pricing, lack of industry optimism regarding future demand, and "nasty comparisons" through 1H 2019.
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