BofA upgrades Weyerhaeuser, says 'buy the discount'

** BofA Global Research upgrades timber, land and forest products company Weyerhaeuser WY.N to "buy" from "neutral"
** Brokerage says "buy the discount", also cuts PT on stock to $25 from $28; the new PT implies about a 32% upside to stock's last close
** "Near-term conditions are challenging, but asset-based equity stories are often most attractive when sentiment is weak" - BofA

** Ten of 13 brokerages rate the stock "buy" or higher, 2 "hold" and 1 "sell"; their median PT is $30 - LSEG-compiled data

** Including session's move, shares down more than 19% YTD