BMO Capital raised the firm’s price target on Louisiana-Pacific (LPX) to $99 from $83 and keeps an Outperform rating on the shares. The company’s Q1 results were well ahead of expectations, while its recently expanded partnerships with Lennar (LEN) and Home Depot (HD) create a nice growth runway in Siding, the analyst tells investors in a research note.
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Read More on LPX:
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