BUZZ - Bank of America upgrades Weyerhaeuser rating, recommends "buy on dips"

October 14 - ** Bank of America Global Research upgraded the rating of timber, land and forest products company Weyerhaeuser WY.N from "Neutral" to "Buy"
** The firm recommends "buying on dips," and lowered the target price for the stock from $28 to $25; the new target price suggests about 32% upside from the latest closing price
** "The short-term outlook is tough, but when market sentiment is weak, asset-based stock stories tend to be the most attractive" — Bank of America

** Of 13 brokerages, 10 rate the stock as "Buy" or higher, 2 as "Hold," and 1 as "Sell"; the median target price is $30 — Reuters compiled data

** Including the latest decline, the stock has fallen more than 19% year-to-date

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