|January 15, 2013|
|06:37 EDT||PCL, WY, LPX, RKT, SWM, BZ, UFS||Paper & Forest Products sector downgraded at Goldman|
Goldman downgraded the U.S. Paper & Forest Products sector to Neutral from Attractive due to valuations. As part of the sector downgraded the firm cut Domtar (UFS) to Neutral from Buy and removed Rock-Tenn (RKT) from its Conviction Buy List.
News For UFS;RKT;WY;BZ;LPX;PCL;SWM From The Last 14 Days
|November 17, 2015|
|10:00 EDT||PCL||On The Fly: Analyst Upgrade Summary|
Today's noteworthy upgrades include: CF Industries (CF) upgraded to Positive at Susquehanna... ExlService (EXLS) upgraded to Buy from Neutral at BofA/Merrill... Fitbit (FIT) upgraded to Buy at BofA/Merrill... Forward Air (FWRD) upgraded to Outperform at Baird... HD Supply (HDS) upgraded to Positive from Neutral at Susquehanna... Hannover Re (HVRRY) upgraded to Overweight from Underweight at JPMorgan... Moody's (MCO) upgraded to Buy from Neutral at UBS... PRA Group (PRAA) upgraded to Strong Buy from Market Perform at Raymond James... Plum Creek Timber (PCL) upgraded to Outperform from Sector Perform at RBC Capital... Shire (SHPG) upgraded to Outperform from Market Perform at Leerink... Yandex (YNDX) upgraded to Overweight from Equal Weight at Morgan Stanley... Zayo Group (ZAYO) upgraded to Buy from Neutral at MoffettNathanson.
|06:20 EDT||PCL||Plum Creek Timber upgraded to Outperform from Sector Perform at RBC Capital|
RBC Capital upgraded Plum Creek Timber (PCL) to Outperform and increased its price target to $56 from $42 on shares following the acquisition by Weyerhaeuser (WY). Analyst Paul Chan likes the merger and said synergies, increased liquidity, and broadened timberlands diversity will make the combined company the investment of choice for investors seeking exposure to the group.
|November 16, 2015|
|08:59 EDT||WY, PCL||Plum Creek Timber price target raised to $58 from $46 at DA Davidson|
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|November 15, 2015|
|13:45 EDT||PCL, WY||Weyerhaeuser shares could return 40% in a year, Barron's says|
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|November 13, 2015|
|10:00 EDT||WY||On The Fly: Analyst Upgrade Summary|
Today's noteworthy upgrades include: AB InBev (BUD) upgraded to Buy from Hold at Berenberg... Air Lease (AL) upgraded to Overweight from Neutral at JPMorgan... Aircastle (AYR) upgraded to Neutral from Underweight at JPMorgan... AmTrust (AFSI) upgraded to Buy from Neutral at Compass Point... Anadarko (APC) upgraded to Focus List from Outperform at Scotia Howard Weil... BAE Systems (BAESY) upgraded to Neutral from Underweight at JPMorgan... Bill Barrett (BBG) upgraded to Outperform from Sector Perform at Scotia Howard Weil... Extra Space Storage (EXR) upgraded to Strong Buy from Outperform at Raymond James... Medtronic (MDT) upgraded to Conviction Buy from Buy at Goldman... Mylan (MYL) upgraded to Buy from Neutral at Citi... Scripps Networks (SNI) upgraded to Outperform from Underperform at CLSA... Toll Brothers (TOL) upgraded to Overweight from Neutral at JPMorgan... Wal-Mart (WMT) upgraded to Buy from Neutral at Northcoast... Weir Group (WEIGY) upgraded to Buy from Hold at Deutsche Bank... Weyerhaeuser (WY) upgraded to Outperform from Underperform at CLSA... Yelp (YELP) upgraded to Outperform from Sector Perform at RBC Capital.
|07:46 EDT||WY, WY||Weyerhaeuser upgraded to Outperform from Underperform at CLSA|
CLSA upgraded Weyerhaeuser (WY) to Outperform and raised its price target to $35 from $32 on shares. Analyst Mark Connelly said new CEO Doyle Simons has done a good job to clean up operations but said the addition of five new directors to this "sleepy" board and inclusion of one of the best real estate groups, indicate Simons has a mandate to maximize value. Connelly believes the Plum Creek (PCL) will be transnational for Weyerhaeuser by creating instant credibility in real estate management, raising the level of financial sophistication, and most importantly, waking up the Board to rethink shareholder value creation.