tiprankstipranks
Canfor downgraded to Market Perform from Outperform at BMO Capital
The Fly

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.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App