Boise Cascade price target lowered to $125 from $155 at DA Davidson

DA Davidson lowered the firm’s price target on Boise Cascade (BCC) to $125 from $155 but keeps a Buy rating on the shares. The company’s Q4 results were solid, but a host of factors drive fairly material downward revisions to the firm’s 2025 forecasts as commentary suggests an uncertain timeline around EWP price stabilization, the analyst tells investors in a research note. The firm adds however that certain factors weighing on Boise’s Q1 performance are likely to give way to a stronger balance of the year.