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RBC reiterates Weyerhaeuser at outperform and trims target by US$1 to US$37, highlighting timberlands portfolio and competitive wood products business; company should benefit from tightening lumber market in 2024, despite softer lumber market conditions

Weyerhaeuser CEO comments on Natural Climate Solutions business in Q1 conference call, including projects in carbon capture and sequestration, forest carbon, renewable energy; company signs over 60 agreements for potential solar projects

Zacks: Weyerhaeuser's Q1 earnings beat estimate despite year-over-year drop in both earnings and net sales due to lower volumes, higher manufacturing costs; WY optimistic about third carbon capture agreement in US South, improving housing/R&R fundamentals

Weyerhaeuser Reports First Quarter Results

RBC surprised by recent no-sales in timberlands, noting high degree of interest based on anecdotal information; several companies have announced recent acquisitions and sales, including Acadian, PotlatchDeltic, Rayonier and Weyerhaeuser

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