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Raymond James maintains Conifex and Interfor at outperform and raises their share targets, but says 'no one is looking forward' to Q2 'Trees Earnings Season,' citing combination of low lumber prices, high log costs and abating seasonal tailwinds
Published: July 25, 2024 by Canada StockWatch
CIBC downgrades Interfor to neutral from outperformer and trims target C$4 to C$18, citing weaker-than-expected prices and lower volume affecting wood products stocks; with nearly 50% lumber capacity in South, company facing further large losses in region
Published: July 22, 2024 by Canada StockWatch
RBC highlights wood products news for week of June 2: Lumber prices rise, but OSB down week-over-week; SYP 2x4 prices hit historic discount to SYP Composite through April and early May; former Interfor CEO to lead Mosaic Forest Management
Published: June 06, 2024 by RBC Capital Markets LLC
Mosaic Forest Management CEO Rob Gough to leave company for personal health reasons after two years as company president, CEO; Gough to be succeeded by Duncan Davies, who previously served as president, CEO of Interfor Corp. for nearly 20 years
Published: May 30, 2024 by Business Wire
RBC reiterates Interfor's outperform rating and trims target by C$1 to C$27, seeing upside with eventual recovery in lumber pricing; company has announced reduction in lumber production for Q2 and Q3 due to persistently weak market conditions
Published: May 16, 2024 by RBC Capital Markets LLC

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