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CIBC reiterates Doman Building Materials at outperformer and raises target C$1 to C$8.50 on higher estimates; company poised to benefit from above-trend demand for treated lumber across North America due to elevated home equity levels, aging housing stock
Published: August 10, 2023 by CIBC World Markets Inc.
Stifel upgrades Doman Building Materials to buy from hold and raises target by C$2 to C$9.75, citing improved forecasts for housing sector, company's increased EBITDA generation potential, healthier balance sheet giving company more optionality for M&A
Published: August 09, 2023 by Canada StockWatch
RBC Capital maintains Doman Building Materials at outperform with C$9 target, as Q2 adjusted EBITDA surpass projections on stronger-than-expected margins; company should be able to capitalize on M&A opportunities that could arise in slower market
Published: August 08, 2023 by RBC Capital Markets LLC
Doman Building Materials Group reports Q2 net earnings of C$9.2M on revenues of C$710.7M; decline in revenues from C$870.7M a year ago is attributed largely to impact of construction materials pricing, which peaked in the spring for Q2, 2022
Published: August 03, 2023 by GlobeNewswire
RBC highlights wood products news for week of July 24: Lumber and OSB prices rise; in Q2 preview, RBC ahead of consensus on Doman Building and James Hardie, below on Canfor, Interfor, PotlatchDeltic, West Fraser, Western Forest Products
Published: July 27, 2023 by RBC Capital Markets LLC

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