Truist Securities Maintains Buy on Lowe's Companies, Lowers Price Target to $229
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli maintains a Buy rating on Lowe's Companies (NYSE:LOW) but lowers the price target from $235 to $229.
May 24, 2023 | 1:53 pm
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Truist Securities maintains a Buy rating on Lowe's Companies (NYSE:LOW) but lowers the price target from $235 to $229.
The news of Truist Securities maintaining a Buy rating on Lowe's Companies (NYSE:LOW) is positive for the stock. However, the lowering of the price target from $235 to $229 may create some uncertainty among investors. The overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100