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Fly News Breaks for January 29, 2019
LPX
Jan 29, 2019 | 09:12 EDT
Longbow analyst Garik Shmois cut his estimates for Louisiana-Pacific, citing continued downward pressure on OSB prices in Q4 and weaker housing demand. He keeps a Neutral rating on Louisiana-Pacific shares, which he believes will remain range-bound in the $22-25 area until housing finds a floor.
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