Weyerhaeuser started at buy with $30 stock price target at Seaport Global

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Weyerhaeuser profit and sales miss forecasts

Weyerhaeuser Co.’s WY third-quarter sales and profit fell well short of expectations, as the company encountered headwinds from weather, trade policy and volatile wood-products markets. The Seattle forest-products company reported net income of $255 million, or 34 cents a share, for the quarter, up from $130 million, or 17 cents a share, a year earlier.

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