Deutsche Bank provided color on Louisiana-Pacific LPX in a research report published today. Deutsche Bank has previously given Louisiana-Pacific a Hold rating and $10 price target.
In the report, Deutsche Bank states, "A near-term recovery in housing looks unlikely at the moment. Most forecasters have revised housing starts estimates downward."
Deutsche Bank also notes in the report, "While we're not making any EPS changes to LPX estimates at this time, the near-term risks appear slightly biased toward the downside."
Shares of Louisiana-Pacific were trading at $6.08 at the time of posting, down 1.46% from Wednesday's market close.
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