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Goldman Sachs Sticks to Its Sell Rating for Louisiana-Pacific (LPX)

Tipranks - Tipranks - Sat Apr 11, 7:06AM CDT

In a report released today, from Goldman Sachs maintained a Sell rating on Louisiana-Pacific, with a price target of $70.00.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Louisiana-Pacific with a $97.25 average price target.

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Based on Louisiana-Pacific’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $567 million and a GAAP net loss of $8 million. In comparison, last year the company earned a revenue of $680 million and had a net profit of $62 million

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is neutral on the stock. Last month, Lizanne Gottung, a Director at LPX sold 1,300.00 shares for a total of $102,167.00.

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