DA Davidson Maintains Buy on Louisiana-Pacific, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Steven Chercover has maintained a Buy rating on Louisiana-Pacific (NYSE:LPX) and increased the price target from $90 to $98.
May 09, 2024 | 7:17 pm
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DA Davidson analyst Steven Chercover reaffirmed a Buy rating on Louisiana-Pacific and raised the price target to $98 from $90.
The increase in price target by DA Davidson reflects a positive outlook on Louisiana-Pacific, suggesting confidence in the company's future performance. This analyst endorsement is likely to instill investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100