Telsey Advisory Group Downgrades Lowe's Companies to Market Perform, Announces $225 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has downgraded Lowe's Companies (NYSE:LOW) from Outperform to Market Perform and set a price target of $225.
August 08, 2023 | 9:06 am
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Lowe's Companies has been downgraded by Telsey Advisory Group from Outperform to Market Perform with a price target of $225.
The downgrade from Outperform to Market Perform by Telsey Advisory Group indicates a less optimistic outlook for Lowe's Companies. This could potentially lead to a decrease in the stock price in the short term. The price target of $225 provides a benchmark for investors.
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