The Globe and Mail reports in its Tuesday edition that Raymond James analyst Daryl Swetlishoff has bumped up his recommendation for Canfor to "strong buy" from "outperform." The Globe's David Leeder writes that Mr. Swetlishoff also boosted his share target higher by $2 to $25. Analysts on average target the shares at $24. Mr. Swetlishoff says it is time for investors to "back up the truck for the seasonal trade" in lumber and building materials stocks. The Globe says Mr. Swetlishoff sees Canfor offering "compelling value in light of historically cheap valuation dynamics." Mr. Swetlishoff says in a note: "Once again, the trade theme has proven to be a good entry point for investors with stocks staging a nice seasonal rally as end users have begun to replenish depleted inventories. Importantly, however, with building materials shares still trading near the lowest levels observed year-to-date, we highlight current valuations continue to showcase compelling upside." The Globe reported on Sept. 26 that Mr. Swetlishoff had lowered his recommendation for Canfor to "outperform" from "strong buy." In the item, despite the downgrade, he said, "We remain in the bullish camp." The shares could then be had for $16.96.