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Canfor downgraded to Market Perform from Outperform at BMO Capital

Canfor downgraded to Market Perform from Outperform at BMO Capital

BMO Capital downgraded Canfor (CFPZF) to Market Perform from Outperform with an unchanged price target of C$20. The firm believes Canfor’s lumber performance for the next couple of years will be challenged due to a significant jump in export lumber duties.

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