Citigroup Maintains Neutral on Lowe's Companies, Raises Price Target to $221
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Zaccone maintains a Neutral rating on Lowe's Companies (NYSE:LOW) and raises the price target from $210 to $221.

May 30, 2023 | 9:58 am
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Citigroup analyst Steven Zaccone maintains a Neutral rating on Lowe's Companies and raises the price target from $210 to $221.
The news of Citigroup maintaining a Neutral rating on Lowe's Companies and raising the price target from $210 to $221 indicates that the analyst sees potential for the stock price to increase. However, the Neutral rating suggests that the analyst does not expect significant outperformance or underperformance in the short term. This news is directly related to Lowe's Companies and is important for investors, but the impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100