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Plum Creek Timber Company, Inc. (PCL) [hlAlert]

Rating:
Neutral PCL

Plum Creek Timber Company, Inc. (PCL) rated Neutral with price target $50 by JP Morgan

Posted on: Thursday,  Dec 12, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Plum Creek Timber Company, Inc. (NYSE: PCL) on 12/12/2013. Previously JP Morgan rated Underweight Plum Creek Timber Company, Inc. (NYSE:
PCL) on 06/17/2009., when the stock price was $29.38. Since then, Plum Creek Timber Company, Inc. has gained 10.42% as of 10/12/2009's recent price of $32.44.
If you would have followed the previous JP Morgan's recommendation on PCL, you would have lost 9.43% of your investment in 117 days.

Plum Creek Timber Company, Inc. (Plum Creek) is a private timberland owner in the United States. As of December 31, 2008, Plum Creek owned 7.4 million acres of timberlands located in 19 states. The Company?s timberlands are diversified, not only geographically, but also by species mix and age distribution. Plum Creek manages its timberlands in two business segments: the Northern Resources Segment, consisting of timberlands in Maine, Michigan, Montana, New Hampshire, Oregon, Washington, West Virginia and Wisconsin, and the Southern Resources Segment, consisting of timberlands in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina and Texas. In addition, the Company?s Other Segment includes its natural resource businesses that focus on opportunities relating to mineral extraction, natural gas production and communication and transportation rights of way resulting from its property ownership.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2013 8:25 AM Hold
None
44.18 50.00
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/12/2009 8:25 AM Hold
None
32.44
6/17/2009 8:25 AM Sell
None
29.38

(*) Stock Price at the time of the recommendation.
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