The Globe and Mail reports in its Friday, Feb. 14, edition that Raymond James analyst Daryl Swetlishoff is keeping his "outperform" call on West Fraser Timber intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Swetlishoff slashed his share target back by $10 to $105 (all figures U.S.). Analysts on average target the shares at $107.33. Mr. Swetlishoff says in a note: "West Fraser kicked off 'Trees' 4Q24 earnings season [Wednesday] after market, posting $140-million EBITDA -- 20 per cent below Street consensus at $175-million and RJL at $225-million. The variance from our overly bullish estimates was mainly in the North American EWP segment related to lower volumes, unfavorable product mix and cost inflation. We do not regard this miss as a read-thru to other lumber producers as West Fraser's 4Q24 lumber segment EBITDA was in-line with our estimates. We note sector headlines continue to be dominated by a potential 25-per-cent 'Trump tariff' on top of existing 14.4- to 30-per-cent 'normal' softwood lumber duties. ... This is undoubtedly bad news for the bulk of the Canadian wood products' industry." The Globe reported on Oct. 18 that TD Cowen rated West Fraser "buy." It was then worth $96.40.