Oppenheimer initiated coverage of LP Building Solutions (LPX) with an Outperform rating and $115 price target The company’s siding segment is a “secular growth story” capable of sustaining high-single-digit EBITDA growth and margin expansion through fiscal 2027, the analyst tells investors in a research note. The firm sees outlook being supported by ongoing conversion opportunities within exterior cladding, improving capacity utilization, and the ramp of newer products like ExpertFinis.
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