Argus Research Maintains Buy Rating for Lowe's Companies: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Argus Research has maintained its Buy rating for Lowe's Companies (NYSE:LOW) but lowered its price target from $290 to $250. Lowe's shares are currently trading at $203.12, and a move to $250 would represent a 23.08% increase.
May 25, 2023 | 5:05 pm
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Argus Research maintains Buy rating for Lowe's Companies (NYSE:LOW) but lowers price target from $290 to $250. Shares currently trading at $203.12.
The news of Argus Research maintaining its Buy rating for Lowe's Companies indicates a positive outlook for the stock. However, the lowering of the price target from $290 to $250 may cause some short-term uncertainty. Overall, the Buy rating suggests that the stock is expected to perform well in the short term, leading to a score of 1.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100