BMO Capital lowered the firm’s price target on LP Building Solutions (LPX) to $98 from $108 and keeps a Market Perform rating on the shares. The recent pullback in the stock is making valuation attractive, while the execution in Siding, especially higher-priced ExpertFinish, is encouraging, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LPX:
