Louisiana-Pacific (LPX) Jumps On Rare Analyst Upgrade

July 2, 2009 12:52 PM EDT

Shares of Louisiana-Pacific Corp. (NYSE: LPX) are 9% higher today, benefiting from a rare upgrade of the building products company.

D.A. Davidson upgraded LPX from Neutral to Buy with a $5.50 price target. The price target represents 54% upside from yesterday's close.


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