Louisiana-Pacific downgraded to Underperform from Neutral at DA Davidson DA Davidson downgraded Louisiana-Pacific, citing valuation and its belief that the run in Oriented Strand Board prices isn't sustainable over the long term. Price target $18.
Louisiana-Pacific upgraded to Outperform from Sector Perform at RBC Capital RBC Capital upgraded Louisiana-Pacific to Outperform and increased its price target to $19 from $16. The firm said North Central OSB prices are 10% to 16% since the end of July and they continue to see positive momentum into year end and 2016. RBC believes the market is tightening, which will support a rally in shares.