Weyerhaeuser (WY) Shares Moving Higher Amid Buckingham Upgrade

May 4, 2012 1:03 PM EDT
Get Alerts WY Hot Sheet
Price: $24.56 -1.05%

Rating Summary:
    13 Buy, 8 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of Weyerhaeuser (NYSE: WY) are rebounding from session lows this hour following a mid-day upgrade from Buckingham's Mark Weintraub.

The analyst now rates the stock a Buy, up from Neutral previously. Weintraub set a new $25 price target on the stock.

With shares of Weyerhaeuser down about 1 percent to $20.18 at last check, the Buckingham analyst's new price target implies potential upside of about 24 percent.

For an analyst ratings summary and ratings history on Weyerhaeuser click here. For more ratings news on Weyerhaeuser click here.


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