Salomon Upgrades Willamette to Outperform

Analyst Chip Dillon raises his target on the stock to $55.50, which is the per share cash value of merger with Weyerhaeuser

Salomon Smith Barney upgrades Willamette (WLL ) to outperform from neutral after it agrees to be acquired by Weyerhaeuser Co. (WY ) for $55.50 in cash per share and says that talks with Georgia-Pacific (GP ) have ended.

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