Piper Sandler Maintains Overweight on Lowe's Companies, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith maintains an Overweight rating on Lowe's Companies (NYSE:LOW) but lowers the price target from $235 to $230.
May 24, 2023 | 1:49 pm
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Piper Sandler analyst maintains Overweight rating on Lowe's Companies (NYSE:LOW) and lowers price target from $235 to $230.
The news of Piper Sandler maintaining an Overweight rating on Lowe's Companies (NYSE:LOW) while lowering the price target from $235 to $230 indicates that the analyst still has a positive outlook on the stock, but with a slightly reduced target. This may have a neutral short-term impact on the stock price as the rating remains positive, but the target has been lowered.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100