The Globe and Mail reports in its Wednesday edition that RBC analysts Matthew McKellar and Paul Quinn expect demand for wood products will trend higher in 2024, but they think the near-term fundamental outlook for lumber is stronger than for oriented strand board (OSB). Mr. Quinn has reaffirmed his "outperform" recommendation and $30 share target for Interfor. Analysts on average target the shares at $28.20. Mr. Quinn says Interfor remains his "top idea in the Canadian wood products group." Mr. Quinn says in a note: "Interfor has built a geographically diversified but lumber-focused business. We positively view the company's diversification across operating regions and its focus on the lumber business, which we believe brings clarity to the company's decision-making and provides opportunities to replicate best practices across its mill network. Interfor's use of an internal capital projects team (vs. relying more heavily on third-party companies that deliver projects on a turnkey basis) also allows greater flexibility around the execution of projects, including as it relates to the cadence of capital spending through industry downturns. We prefer Interfor's pure-play lumber exposure heading into 2024."