D.A. Davidson downgrades PotlatchDeltic (PCH) to a Hold
D.A. Davidson has downgraded PotlatchDeltic (PCH) to a Hold with a price target of $40.00, while the stock closed at $39.91. Analyst Kurt Yinger, who has a 55.30% success rate, noted that the consensus for PotlatchDeltic is a Moderate Buy with a higher price target of $45.75. Citi also maintains a Hold rating with a $44.00 target.
In a report released yesterday, Kurt Yinger from D.A. Davidson downgraded PotlatchDeltic to a Hold, with a price target of $40.00. The company’s shares closed yesterday at $39.91.
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According to TipRanks, Yinger is a 4-star analyst with an average return of 14.5% and a 55.30% success rate. Yinger covers the Industrials sector, focusing on stocks such as Trex Company, Louisiana-Pacific, and Kadant.
PotlatchDeltic has an analyst consensus of Moderate Buy, with a price target consensus of $45.75, representing a 14.63% upside. In a report released yesterday, Citi also maintained a Hold rating on the stock with a $44.00 price target.
