December 28, 2012 at 10:15 AM EST
UPDATE: Stifel Nicolaus Raises PT to $48 on Plum Creek Timber Company on Distribution, Yield
Stifel Nicolaus reiterated its Buy rating on Plum Creek Timber Company (NYSE: PCL ) and raised its price target from $45 to $48. Stifel Nicolaus commented, "We are increasing our Plum Creek target price to $48 from $45. Our new target price is 18.6x our 2014 FAD estimate of
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