The Globe and Mail reports in its Friday, Oct. 20, edition that Raymond James analyst Daryl Swetlishoff thinks third quarter misses from North American forest products companies could present attractive entry points for investors in the weeks ahead. The Globe's David Leeder writes that Mr. Swetlishoff has reaffirmed his "market perform" recommendation for Western Forest Products. Mr. Swetlishoff gave his share target a 10-cent trim to 75 cents. Analysts on average target the shares at $1.13. Mr. Swetlishoff says in a note: "Despite higher quarter-over-quarter benchmark commodity pricing, challenged operating rates and a wildfire-induced cost surge are taking a toll on building materials earnings. Our refreshed financial estimates are (largely) sitting below consensus, however, we maintain conviction the sector is poised to hit an earnings inflection point as headwinds taper off through 4Q23. In taking a more conservative stance, we are also downwardly revising our 2024 lumber commodity estimates reflecting expectations for elevated Euro wood flow to the U.S. market through 2024. Accordingly, our WSPF and SYP lumber price forecast drops $25 (U.S.)/mfbm to $450 (U.S.) and $475 (U.S.)."