Loop Capital Initiates Coverage On Louisiana-Pacific with Hold Rating, Announces Price Target of $82
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Jeffrey Stevenson initiates coverage on Louisiana-Pacific (NYSE:LPX) with a Hold rating and sets a price target of $82.

May 03, 2024 | 4:23 pm
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Loop Capital initiated coverage on Louisiana-Pacific with a Hold rating and a price target of $82.
The initiation of coverage by Loop Capital with a Hold rating and a specific price target provides investors with a new professional analysis to consider. While the Hold rating suggests a neutral outlook, the setting of a price target can influence investor perception and potentially the stock's market price. However, the impact is considered neutral short-term as the rating does not suggest a strong buy or sell action.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100