LP Building Solutions Reports Second Quarter 2024 Results, Including Record Sales and Earnings in Siding, and Increases Third Quarter and Full Year Siding Guidance

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Go back to LP Building Solutions Reports Second Quarter 2024 Results, Including Record Sales and Earnings in Siding, and Increases Third Quarter and Full Year Siding Guidance

Louisiana-Pacific Corp (LPX) PT Raised to $112 at RBC Capital

August 8, 2024 6:24 AM EDT

RBC Capital analyst Paul Quinn raised the price target on Louisiana-Pacific Corp (NYSE: LPX) to $112.00 (from $101.00) while maintaining a Outperform rating.

The analyst comments "Q224 Adjusted EBITDA of $229MM was slightly above FactSet consensus (ex-RBC) at $224MM and our $214MM forecast. We continue to like... More

BMO Capital Downgrades Louisiana-Pacific Corp (LPX) to Market Perform

August 8, 2024 4:51 AM EDT

BMO Capital analyst Ketan Mamtora downgraded Louisiana-Pacific Corp (NYSE: LPX) from Outperform to Market Perform with a price target of $99.00.

The analyst comments "Another beat and raise in Siding is encouraging against a softer housing demand backdrop. CEO Brad Southern is leading an... More