Raymond James cuts targets on Champion Iron and West Fraser, keeps Outperform
Raymond James kept Outperform ratings on both companies but lowered its price targets. Dow Jones Newswires reported the changes, citing Baystreet.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Raymond James kept its Outperform rating on Champion Iron Ltd. but cut its price target to C$5.00 per share from C$5.50. For West Fraser Timber Co. Ltd., the rating also stayed at Outperform, while the target fell to $80.00 per share from $85.00.
Dow Jones Newswires reported both changes, citing Baystreet.
why it matters
Price target revisions reflect an analyst's updated valuation and do not by themselves move the market. Champion Iron is tied to the iron ore market and West Fraser to lumber, so investors in these resource companies usually weigh such revisions alongside commodity price trends.
tags
instruments
sources
- Champion Iron Ltd. Is Maintained at Outperform by Raymond James — Dow Jones Newswires, 29 October 2026 at 15:38 UTC
- West Fraser Timber Co. Ltd. Is Maintained at Outperform by Raymond James — Dow Jones Newswires, 29 October 2026 at 15:38 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗