The Globe and Mail reports in its Saturday edition that analyst Paul Quinn in a research report previewing second quarter earnings season says paper, packaging and forest products companies have "mostly brushed off" the impact of the COVID-19 pandemic. The Globe's David Leeder writes in the Eye On Equities column that Mr. Quinn says in a note: "[These] companies experienced a range of demand conditions in Q2, with wood products being the clear standout on record R&R demand. This has translated into a classic 'V-shaped' recovery, sending lumber and OSB prices to levels last seen in 2018. At the other extreme, tissue demand surged in March and April. However, we expect it to normalize. Graphic paper demand has plummeted and we do not expect conditions to normalize for at least 6-12 months. ... While lumber and OSB prices fell sharply in the initial stages of COVID-19, quick action to reduce production and surging demand from repair and remodel markets have together contributed to the current strong pricing environment." Accordingly, Mr. Quinn boosted his share target for Conifex Timber to $1 from 50 cents, while maintaining his "sector perform" call. Analysts on average target the shares at 67 cents.