The Globe and Mail reports in its Thursday, Sept. 20, edition that CIBC World Markets analyst Hamir Patel, seeing more warning signs flashing in the United States housing market, downgraded his rating for several lumber stocks, including Resolute Forest Products ($18.10), to "neutral" from "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Patel trimmed his share target to $16 from $17. Analysts on average target the shares at $14.25. Though Mr. Patel still expects 2018 to be a "record year" for most wood products companies, he says he is moving to the sidelines on all commodity wood product stocks. Mr. Patel says in a note, "For Resolute, a name we upgraded not that long ago on July 11 (when RFP was trading at $10.15), we prefer to take profits at this time as pricing catalyst across the pulp and paper business have now largely played out."