Louisiana-Pacific shares are trading higher after Truist Securities upgraded the stock from Hold to Buy and raised its price target from $49 to $82.
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has upgraded Louisiana-Pacific's stock from Hold to Buy and increased its price target from $49 to $82. This has resulted in Louisiana-Pacific shares trading higher.
June 28, 2023 | 2:03 pm
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Louisiana-Pacific's stock has been upgraded by Truist Securities from Hold to Buy, with a raised price target from $49 to $82. This has led to a rise in the company's share price.
The upgrade from Truist Securities is a positive signal for Louisiana-Pacific, indicating increased confidence in the company's performance. The raised price target suggests that Truist Securities expects the company's stock to perform well in the future, which has led to an increase in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100