BMO Capital Downgrades Louisiana-Pacific to Market Perform, Maintains Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has downgraded Louisiana-Pacific (NYSE:LPX) from Outperform to Market Perform, while maintaining the price target at $99.
August 08, 2024 | 9:29 am
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BMO Capital has downgraded Louisiana-Pacific (NYSE:LPX) from Outperform to Market Perform, while maintaining the price target at $99.
The downgrade from Outperform to Market Perform suggests a less optimistic outlook on the stock's performance, which could lead to a short-term negative impact on the stock price. However, the maintained price target of $99 indicates that the analyst still sees value in the stock at its current level.
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