JP Morgan Initiates Coverage at Neutral on Boise Cascade, Housing Play
March 18, 2013 at 09:37 AM EDT
In a report published by JP Morgan, analyst Phil Gresh Initiated coverage on Boise Cascade (NYSE: BCC ) and set a $33 price target. JP Morgan reported that, “As the housing recovery ramps, earlier-cycle structural panel (plywood/OSB) prices have rallied materially, while later-cycle (EWP) prices have yet to turn. With