BofA/Merrill Lynch Upgrades Louisiana-Pacific Corp (LPX) to Buy
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Deutsche Bank Downgrades Louisiana-Pacific Corp (LPX) to Hold, Shares Dead Money
August 30, 2012 7:23 AM EDTDeutsche Bank downgraded Louisiana-Pacific Corp (NYSE: LPX) from Buy to Hold with a price target of $14.00 (from $12.00).
The firm said based on their analysis of probable mid-cycle EBITDA ($330-340MM) and a 6.5X multiple, $14 represents reasonable "fair value."... More
