NEW YORK (TheStreet) -- DA Davidson upgraded Weyerhauser (WY - Get Report) to "buy" from "neutral" and set a $37 price target. The firm noted the company is buying back stock and will likely boost its dividend.
The stock closed at $31.23 on Friday.
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Separately, TheStreet Ratings team rates WEYERHAEUSER CO as a "buy" with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate WEYERHAEUSER CO (WY) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, compelling growth in net income, revenue growth and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."
You can view the full analysis from the report here: WY Ratings Report