Mark Weintraub at Buckingham Research has raised his rating on shares of Louisiana-Pacific to 'buy' from 'neutral.' The move, which comes after LP (Ticker: LPX) lost almost 30 percent of its value since late March, is a two-pronged call. Weintraub says the company's valuation at $15 and change is now attractive again and that similar price drops in its core oriented strand board product may be running out. He has lifted his price target for LP to $21 from $19.
Over at the West End offices of Robert W. Baird, Whit Mayo this morning said Acadia Healthcare remains one of his top picks and advised investors to jump in following the stock's pullback from $35 to about $32. Investors dutifully listened and have pushed up Acadia shares (Ticker: ACHC) more than 3 percent to well above $33.