The Globe and Mail reports in its Friday, Oct. 20, edition that RBC Dominion Securities analyst Paul Quinn is expecting "mixed" third quarter financial results from North American paper and forest product companies, seeing "more supportive building materials prices but somewhat lower prices across several other commodities." The Globe's David Leeder writes in the Eye On Equities column that accordingly, Mr. Quinn lowered his share target for Canfor by $3 to $27, while maintaining his "outperform" recommendation. Analysts on average target the shares at $27. Mr. Quinn says in a note: "Pulp prices seem to have bottomed, led by a resumption of purchasing activity by China, although significant capacity additions and elevated inventory levels are likely to slow the pace of a recovery. Paper prices have moved only modestly lower, but operating rates are weak. Supply-demand tension in container board is improving somewhat with recently announced closures, and prices have stabilized, but we expect market-related downtime to offset new mill start-ups to continue for the near-term. Timber prices remain weak across North America due to weak lumber and other end use consumption."