A logging facility in Bristol, Vermont. John Greim/Getty Images Piper Sandler's Craig Johnson says lumber prices are headed to $1300 per thousand board feet. The price target represents a 12% jump from lumber's Tuesday closing price. Housing demand, lagging supply, and the upcoming hurricane season are all set to drive the price of lumber higher. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Piper Sandler's Craig W.

BING NEWS:
  • Piper Sandler Upgrades New York Community Bancorp (NYCB)
    Fintel reports that on May 1, 2024, Piper Sandler upgraded their outlook for New York Community Bancorp ( NYSE:NYCB) from Neutral to Overweight.
    05/1/2024 - 9:11 am | View Link
  • Piper Sandler Downgrades Community Healthcare Trust (CHCT)
    Fintel reports that on May 1, 2024, Piper Sandler downgraded their outlook for Community Healthcare Trust (NYSE:CHCT) from Overweight to Neutral. Analyst Price Forecast Suggests 24.31% Upside As of ...
    05/1/2024 - 9:04 am | View Link
  • Piper Sandler Reaffirms Their Hold Rating on Quest Diagnostics (DGX)
    In a report released today, David Westenberg from Piper Sandler reiterated ... issued on April 25. However, on April 24, Bank of America Securities assigned a Buy rating to Quest Diagnostics (NYSE: ...
    04/29/2024 - 6:06 pm | View Link
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