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RBC Capital reiterates Doman Building Materials at outperform, as Q1 adjusted EBITDA beat forecast; company could benefit from easing transport issues and strong R&R demand, while data suggest favorable North American construction materials demand outlook

CIBC reiterates Doman Building Materials at outperformer with C$9 target; company poised to benefit from elevated demand for treated lumber across North America given record home equity levels, aging NA housing stock whose median age is about 42 years

Doman Building Materials reports Q1 net earnings of C$42.0M, from year-ago C$34.2M, on revenues up by 63.7% to C$851.3M; company’s sales by product group in Q1 were 81% construction materials, 16% specialty and allied products, and 3% 'other'

Stifel maintains Doman Building Materials at buy and cuts target to C$9 from C$10, believes demand trends remain strong but is more cautious on recent lumber price declines, inflationary pressure, rising interest rates that could slow housing construction

Canaccord maintains Doman Building Materials' hold rating and raises share target by C$1 to C$8, compared with average of C$10.21 target; analyst sees 'better days ahead' for company, and 2023 earnings likely to represent more normalized levels

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