Argus Research Maintains Buy on Lowe's Companies, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst Chris Graja maintains a Buy rating on Lowe's Companies (NYSE:LOW) but lowers the price target from $290 to $250.
May 25, 2023 | 1:31 pm
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Argus Research maintains a Buy rating on Lowe's Companies (NYSE:LOW) but lowers the price target from $290 to $250.
The news of Argus Research maintaining a Buy rating on Lowe's Companies (NYSE:LOW) is positive for the stock. However, the lowering of the price target from $290 to $250 may create some uncertainty among investors. The overall impact on the stock price in the short term is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100