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CIBC reiterates Canfor at outperform and lifts target C$2 to C$38, says it's poised to benefit from US housing starts, European growth opportunities; realignment of world wood flows due to Ukraine war expected to support profitability for Swedish business
Published: May 06, 2022 by CIBC World Markets Inc.
CIBC reiterates West Fraser at outperformer, raises target by C$20 to C$146 on higher valuation parameters; as the largest lumber and OSB producer, company well-positioned to benefit from elevated US housing starts likely to persist at least through 2023
Published: May 04, 2022 by CIBC World Markets Inc.
Taylor Morrison's Q1 net income up 80% annually to US$177M on net sales orders down 32% to 3,054, home closings revenue up 21% to US$1.6B; company boosted construction starts pace to 4.2 homes per month, invested US$394M in land acquisition/development
Published: April 28, 2022 by Taylor Morrison Home Corp.
WillSonn Advisory on Q1 trends in Pacific Northwest and Southern Pine log prices, with delivered PNW log price movements uneven, SYP stumpage prices rising
Published: April 26, 2022 by WillSonn Advisory LLC
RBC Capital: March US housing data viewed as positive, as housing starts and permits rise above expectations, rising 3.9% and 6.7% year-over-year, respectively; South represents 47% of total starts versus 24% in the West, 13% in Midwest, 16% in Northeast
Published: April 22, 2022 by RBC Capital Markets LLC

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