The Globe and Mail reports in its Tuesday, July 30, edition that CIBC World Markets analyst Hamir Patel continues to rate West Fraser Timber "outperformer." The Globe's David Leeder writes in the Eye On Equities column that Mr. Patel advanced his share target by $13 to $138 (all figures Canadian unless otherwise stated). Analysts on average target the shares at $97.47 (U.S.). Mr. Patel says in a note: "Although near-term conditions for lumber remain challenging (particularly for R&R and multifamily construction), West Fraser Timber's strong balance sheet, low-cost position and diversified commodity exposure (evenly split between OSB and lumber) position it well to take advantage of M&A opportunities that may emerge among wood products peers with deteriorating balance sheets. West Fraser remains our preferred name in wood products." The Globe reported on April 4 that Raymond James analyst Daryl Swetlishoff had reaffirmed his "strong buy" recommendation for West Fraser. The shares could then be had for $112.05. The Globe reported on April 12 that Mr. Patel continued to rate West Fraser "outperformer." The shares could then be had for $109.