Weyerhaeuser price target lowered to $36 from $38 at RBC Capital

RBC Capital lowered the firm’s price target on Weyerhaeuser (WY) to $36 from $38 but keeps an Outperform rating on the shares as part of a broader research note previewing 2025 for Paper & Forest Products names. Weyerhaeuser’s substantial timberland holdings in attractive markets will continue to generate relatively consistent cash flows, supported by long-term demand growth for wood products, pulp, paper products, and increasing demand from overseas markets including China, Japan, and other parts of Asia, the analyst tells investors in a research note. Inflationary environments can also generate incremental investor interest in real assets such as timberlands, the firm adds.