Lumber Liquidators (LL +7%) shares rebound after an upgrade to Overweight from Neutral by Piper...

|About: Lumber Liquidators Holdings... (LL)|By:, SA News Editor

Lumber Liquidators (LL +7%) shares rebound after an upgrade to Overweight from Neutral by Piper Jaffray with a higher price target despite disappointing Q4 earnings. The firm says it believes the hardwood flooring retailer pushed several one-time charges into the latest quarter to start 2012 with a clean slate; it also cites opportunities to expand margins meaningfully.