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 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LPX:
