Analysts impressed with LP

By Geert De Lombaerde Posted on November 5, 2009 at 7:43 am

Although they rolled over late in the day like the broader market, shares of Louisiana-Pacific (Ticker: LPX) had a nice Wednesday after several analysts praised Rick Frost’s crew for their steady hand during a “sloppy” economy. D.A. Davidson analyst Steven Chercover raised his rating on the company to ‘buy’ from ‘neutral.’

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Tags: analyst actions, D.A. Davidson & Co., housing market, Louisiana-Pacific Corp., manufacturing, residential real estate, Steve Chercover, stock valuation  

More fuel for LP’s fire

By Geert De Lombaerde Posted on August 6, 2009 at 3:13 pm

After UBS’ upgrade this morning, Louisiana-Pacific shares (Ticker: LPX) get another boost from D.A. Davidson analyst Steve Chercover, who has raised his price target to $7.50 in part because of rising OSB prices.

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Tags: analyst actions, D.A. Davidson & Co., housing market, Louisiana-Pacific Corp., manufacturing, residential real estate, Steve Chercover, stock valuation, UBS  

Two more downgrades for LP

By Geert De Lombaerde Posted on March 3, 2009 at 2:29 pm

D.A. Davidson and BMO Capital Markets have lowered their opinions of the Nashville building products supplier (Ticker: LPX) to ‘neutral‘ and ‘underperform,’ respectively. The news comes a day after the company said it wants to raise $350 million in debt and loosen the terms of another chunk of debt.

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Tags: analyst actions, BMO Capital Markets, D.A. Davidson & Co., Louisiana-Pacific Corp., stock valuation