** Forestry products firm Weyerhaeuser's WY.N shares rise 2.2% to $26.04
** J.P.Morgan starts coverage of company's shares with "overweight" rating and $31 PT
** After years of headwinds due to weak product demand, earnings growth could inflect as wood products fundamentals improve, particularly in lumber, JPM says
** In the near term, WY could see steady earnings growth as new single-family construction stabilizes and improves - brokerage
** JPM says that potential for tariffs on Canadian-produced goods should also allow WY to increase pricing and margins in its wood products segment as well
** Up to Monday's close, stock down 9.5% YTD
(Reporting by Juby Babu in Mexico City)
((Juby.Babu@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.