The Globe and Mail reports in its Friday, April 12, edition that CIBC World Markets analyst Hamir Patel lowered his estimates for wood products companies further heading into first quarter earnings season, pointing to "weaker-than-expected benchmark prices and lower volume/higher cost assumptions" following recent channel checks. The Globe's David Leeder writes in the Eye On Equities column that Mr. Patel has reaffirmed his "outperformer" recommendation for West Fraser Timber. Mr. Patel boosted his share target by $9 to $140. Analysts on average target the shares at $138.15. The Globe reported on Aug. 3, 2022, that Mr. Patel continued to rate West Fraser "outperformer." It was then worth about $93. The Globe reported on Dec. 20, 2023, that RBC analyst Paul Quinn continued to rate West Fraser "outperform." The shares could then be had for $111.97. The Globe reported on April 4, 2024, that Raymond James analyst Daryl Swetlishoff had reaffirmed his "strong buy" recommendation for West Fraser. The shares could then be had for $112.05.