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

Rating:
Overweight
PCL
down 10.46 %

Plum Creek Timber Company, Inc. (PCL) rated Overweight by Lehman Brothers

Posted on: Wednesday,  Jan 23, 2008  8:25 AM ET by Lehman Brothers

Lehman Brothers rated Overweight Plum Creek Timber Company, Inc. (NYSE: PCL) on 01/23/2008, when the stock price was $43.57.
Since then, Plum Creek Timber Company, Inc. has lost 10.47% as of 01/13/2016's recent price of $39.01.
If you would have followed this Lehman Brothers's recommendation on PCL, you would have lost 10.46% of your investment in 2912 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.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/23/2008 8:25 AM Buy
None
43.57
as of 12/24/2008
1 Week up  7.89 %
1 Month up  27.49 %
3 Months up  14.66 %
1 YTD down  -8.29 %

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