Seeking Alpha

Universal Forest Products (UFPI +4.3%) jumps following an upgrade to Neutral from D.A. Davidson....

Universal Forest Products (UFPI +4.3%) jumps following an upgrade to Neutral from D.A. Davidson. The firm notes shares have fallen sharply in recent weeks even though the outlook for the housing market hasn't changed, and declares Universal to be "a solid company with good operations, a strong balance sheet and a profitable business model."
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