BMO upgrades LP

Analyst Stephen Atkinson at BMO Capital Markets says the rising single-family housing market bodes well for Louisiana-Pacific. His firm has hiked its housing starts forecasts for this year and next, and Atkinson himself has upgraded shares of downtown-based LP (Ticker: LPX) to 'outperform' from 'market perform.' His $24 price target, however, isn't changing yet, leaving 20 percent of upside from where the stock opened Friday morning.