DA Davidson Downgrades Louisiana-Pacific Corp (LPX) to Underperform
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Louisiana-Pacific's (LPX) Price Target Lowered to $10 at UBS
May 6, 2015 8:58 AM EDTUBS maintained a Sell rating on Louisiana-Pacific Corp (NYSE: LPX) and lowered its price target to $10.00 (from $12.00). The change follows Q1 results. Analyst Gail S. Glazerman noted a better than expected print on strength in siding but she doesn't view this as sustainable.
"LPX has performed very well... More
Louisiana-Pacific (LPX) Tops Q1 EPS by 6c
May 5, 2015 8:59 AM EDTLouisiana-Pacific (NYSE: LPX) reported Q1 EPS of ($0.13), $0.06 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $472 million versus the consensus estimate of $458.19 million.
Adjusted EBITDA from continuing operations for the first quarter was $6 million compared to $23 million in the... More
