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Fly News Breaks for April 5, 2019
LPX
Apr 5, 2019 | 07:07 EDT
Stephens analyst Mark Connelly upgraded Louisiana-Pacific to Overweight from Equal Weight, stating that he expects housing activity to rebound with interest rate pressure now less of a threat. A better housing market should help to absorb the new oriented strand board capacity and allow OSB prices to move higher, Connelly contends. He raised his price target on Louisiana-Pacific shares to $32 from $30.
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