As noted earlier, DA Davidson analyst Steven Chercover upgraded Louisiana Pacific to Buy from Neutral and raised his price target to $36 from $33. The analyst notes that while the oriented strand board prices are near or at their peak, the company's blend of earnings power, balance sheet liquidity, and sales mix offer a "compelling value" at the stock's current price level. Chercover adds that Q1 volumes were stacked against a tough comparison from last year, but notes that Louisiana Pacific also maintained its FY growth target, anticipating a recovery in Q2 comps as order patterns normalize.