** Shares of UFP Industries rise 2.5% at $132 premarket on Wedbush upgrade

** Brokerage upgrades UFPI to "outperform" from "neutral"

** Also raises UFPI target price to $155 from $120, representing a 19% upside to stock's last close

** Says two of company's three core segments, UFP Construction (construction) and UFP Retail (retail) can post mid-single-digit revenue growth in FY25

** Adds Packaging should grow in line with U.S. gross domestic product $(GDP)$, which is expected to grow 1.8% in 2025 and 2.0% in 2026

** "We believe that the other two segments have the potential for revenue and EPS growth above packaging because of a potential positive inflection in lumber prices" - Wedbush

** Three of five brokerages rate the stock "buy" or higher, two "hold"; their median PT is $153 - LSEG data

** Up to last close, stock up 3% YTD

(Reporting by Anshuman Tripathy in Bengaluru)

((Anshuman.Tripathy@thomsonreuters.com;))