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LPX

Louisiana-Pacific

$29.12 /

-1.7 (-5.52%)

18:04
02/27/20
02/27
18:04
02/27/20
18:04

LP Building Solutions to sell East River facility and CanExel brand to Maibec

LP Building Solutions and Mailbec announced a joint agreement for Maibec's acquisition of LP's East River facility located in Nova Scotia, Canada as well as the assets and brand rights for CanExel, the fiber-based siding product manufactured there. The closing of this transaction is subject to customary closing conditions and is expected to occur in the second quarter of 2020. "LP's SmartSide strand siding business is one of the fastest-growing siding brands in the U.S.," said Executive Vice President & General Manager of Siding Neil Sherman. "This strategic decision to remove fiber products from our portfolio allows us to mobilize additional resources, increase focus and commitment for our LP SmartSide strand siding technology, and accelerate growth of LP SmartSide ExpertFinish, our new line of prefinished strand-based siding. The future for SmartSide strand is bright, and we expect great things to come."

LPX Louisiana-Pacific
$29.12 /

-1.7 (-5.52%)

01/21/20 Stephens
Louisiana-Pacific downgraded to Equal Weight from Overweight at Stephens
11/06/19 BMO Capital
Louisiana-Pacific price target raised to $34 from $28 at BMO Capital
11/06/19 RBC Capital
Louisiana-Pacific price target raised to $35 from $30 at RBC Capital
10/02/19
Fly Intel: Top five analyst downgrades

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TCR2 Therapeutics

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Shell Midstream

$9.57 /

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Goldman Sachs

$158.12 /

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Criteo

$7.87 /

+0.62 (+8.55%)

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Assa Abloy

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+ (+0.00%)

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LBTSF

Almirall

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Cars.com

$3.70 /

-0.58 (-13.55%)

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TJX

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AES Corp.

$13.47 /

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GFL Environmental

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Ares Management

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Abbott

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Tenneco

$4.32 /

+0.17 (+4.10%)

Morgan Stanley analyst…

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Magna

$32.10 /

+0.02 (+0.06%)

Morgan Stanley analyst…

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BorgWarner

$23.65 /

-1.24 (-4.98%)

Morgan Stanley analyst…

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LEA

Lear

$89.07 /

-6.645 (-6.94%)

Morgan Stanley analyst…

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