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DA Davidson: Louisiana-Pacific 'Compelling' Despite Pricing Headwinds
Saturday, May 12, 2018 - 9:23am | 314Read More...Despite cost headwinds from rising oriented strand board prices, Louisiana-Pacific Corp (NYSE: LPX) remains a “compelling value," according to D.A. Davidson.& The Analyst D.A. Davidson’s Steven Chercover upgraded Louisiana-Pacific shares from Neutral to Buy and lifted the...
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Lumber Pricing, Deltic Integration Fetch Potlatchdeltic An Analyst Upgrade
Monday, May 7, 2018 - 2:50pm | 295Read More...Potlatchdeltic Corp (NASDAQ: PCH)'s 5 percent drop since its May 3 earnings report along with a few positive fundamentals made DA Davidson shed its bearish stance, although the firm stayed on the sidelines. The Analyst Analyst Steven Chercover upgraded Potlatchdeltic from Underperform to...
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DA Davidson: Packaging Corp. Of America Is Best-In-Class
Monday, February 12, 2018 - 2:47pm | 363Read More...The recent market volatility has provided an attractive entry point for the shares of Packaging Corp Of America (NYSE: PKG), with the stock down 15 percent from a January high, according to DA Davidson. The Analyst DA Davidson analyst Steven Chercover upgraded Packaging Corp. from...
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What A Difference A Month Makes: DA Davidson Downgrades PH Glatfelter
Wednesday, December 7, 2016 - 11:09am | 235Read More...Shares of PH Glatfelter Co (NYSE: GLT) plummeted about 20 percent on disappointing Q3 earnings and soft Q4 guidance. With the severity of the decline seeming extreme, shares gained about 30 percent over the past month. This recovery also seems extreme, DA Davidson’s Steven Chercover said in...
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DA Davidson Bullish On Universal Forest Product's Pullback, Upgrades To Buy
Thursday, October 20, 2016 - 7:41am | 256Read More...D.A. Davidson believes the recent 4 percent pullback in Universal Forest Products, Inc. (NASDAQ: UFPI) offers an attractive entry point. Hence, the brokerage upgraded the stock to Buy from Neutral, and raised the price target by $5 to $110. Shares of Universal Forest Products fell 4.38 percent...
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D.A. Davidson Takes A Look At Greif's Upside Surprise Earnings Release
Thursday, September 1, 2016 - 3:15pm | 342Read More...Shares of Greif, Inc. (NYSE: GEF) climbed more than 5 percent to touch a new 52-week high of $44.97 following its $0.19 third quarter EPS beat and upbeat outlook. But, D.A. Davidson said the upside surprise to third-quarter earnings is not as large as headlines suggest, as the earnings were boosted...
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D.A. Davidson Downgrades Weyerhaeuser On Valuation
Monday, August 8, 2016 - 1:13pm | 276Read More...D.A. Davidson has downgraded Weyerhaeuser Co (NYSE: WY) to Neutral as shares approach its $33 price target, which the brokerage retained. Shares of Weyerhaeuser declined to about $22 in January, rebounded to $32 in April, fell to about $27 with the Brexit decision and rebounded to about $33 on...
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D.A. Davidson Goes Neutral On Potlatch As Shares Near Price Target
Wednesday, July 27, 2016 - 11:16am | 372Read More...Potlatch Corporation (NASDAQ: PCH) reported its 2Q16 results, with the adjusted EPS ahead of the estimate. D.A. Davidson’s Steven Chercover downgraded the rating on the company from Buy to Hold, with a price target of $40. 2Q Results Apart from the EPS beat, Potlatch reported GAAP net loss of...
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DA Davidson Urging Investors To Buy Weyerhaeuser Shares On Pullback
Wednesday, June 29, 2016 - 12:35pm | 274Read More...DA Davidson analyst Steven Chercover believes any pullback on Weyerhaeuser Co (NYSE: WY) shares should provide an opportunity to acquire the biggest, as well as the most liquid timber REIT. The brokerage also upgraded shares to Buy rating from Neutral as the analyst sees 25 percent upside...
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DA Davidson Downgrade Pushes Clearwater Paper Shares Down 2%
Thursday, May 12, 2016 - 5:53pm | 149Read More...Shares of Clearwater Paper Corp (NYSE: CLW) fell below the $60 level Thursday following an intraday downgrade from DA Davidson analyst Steven Chercover. The analyst set a Neutral rating on the stock, down from a prior Buy rating. Chercover has a $65 12-18 month price target on Clearwater shares...
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Weyerhaeuser Downgraded By D.A. Davidson, Although Company Is Off To A Good Start
Monday, May 9, 2016 - 11:22am | 315Read More...Weyerhaeuser Co (NYSE: WY) reported its 1Q16 results, with the EPS a nickel ahead of the estimate, although revenues missed expectations. D.A. Davidson’s Steven Chercover downgraded the rating on the company to Neutral, while lowering the price target from $34 to $33. 1Q Results Chercover...
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DA Davidson Downgrades Sonoco To Underperform Amid Recent Upside
Monday, April 11, 2016 - 10:31am | 253Read More...Shares of Sonoco Products Co (NYSE: SON) have appreciated 19 percent over the past two months. D.A. Davidson’s Steven Chercover downgraded the rating on the company to Underperform, with a price target of $42. Chercover mentioned that although investor sentiment on the stock has turned...
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D.A. Davidson Reiterates Buy, Lowers PT On Greif On Another Quarter, Another Miss
Friday, March 6, 2015 - 8:47am | 153Read More...In a report published Friday, D.A. Davidson analyst Steven Chercover reiterated a Buy rating on Greif, Inc. (NYSE: GEF), but lowered the price target from $50.00 to $45.00. In the report, D.A. Davidson noted, "Greif reported Q1-15 operating earnings of $0.30, as compared to earnings of $0.46 in Q1-...
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Slow Growth And High Debt Weigh On Sonoco Products Company
Friday, February 13, 2015 - 12:21pm | 143Read More...DA Davidson on Friday downgraded Sonoco Products Co (NYSE: SON) from Neutral to Underperform after the paper and forest product company reported fourth quarter earnings. DA Davidson raised its price target from $40 to $44. Sonoco issued earnings of $0.66 per share compared to $0.58 from the fourth...
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Reputation Rebuilding At Rayonier Still In Early Phases, Positive Results Expected
Friday, February 13, 2015 - 11:27am | 188Read More...In a report published Friday, D.A. Davidson analyst Steven Chercover downgraded the rating on Rayonier (NYSE: RYN) from Buy to Neutral, but reiterated the $31.50 price target. In the report, D.A. Davidson noted, "Downgrading to NEUTRAL on valuation. It probably feels like an eternity for Rayonier's...
