Truist Securities Upgrades Louisiana-Pacific to Buy, Raises Price Target to $82
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Roxland has upgraded Louisiana-Pacific (NYSE:LPX) from Hold to Buy and raised the price target from $49 to $82.
June 28, 2023 | 10:59 am
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POSITIVE IMPACT
Louisiana-Pacific's stock has been upgraded to Buy from Hold by Truist Securities, with a significant increase in the price target from $49 to $82.
The upgrade from Hold to Buy indicates a positive outlook for Louisiana-Pacific's stock. The significant increase in the price target from $49 to $82 suggests that the analyst sees substantial upside potential. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100