Truist lowered the firm’s price target on LP Building Solutions (LPX) to $126 from $135 but keeps a Buy rating on the shares. The company’s Siding share gains continue with additional siding capacity announced, even though its EBITDA margins were a little light due to continued investment and inflation, and the management’s FY25 outlook sets the bar for a “beat and raise”, the analyst tells investors in a research note.
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