Telsey Advisory Group Reiterates Market Perform on Lowe's Companies, Maintains $225 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman has reiterated a 'Market Perform' rating on Lowe's Companies (NYSE:LOW) and maintained a price target of $225.
August 22, 2023 | 12:29 pm
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NEUTRAL IMPACT
Lowe's Companies (NYSE:LOW) has had its 'Market Perform' rating reiterated by Telsey Advisory Group, with a maintained price target of $225.
The reiteration of the 'Market Perform' rating and the maintained price target by Telsey Advisory Group indicates that the analyst believes the company's stock is expected to perform in line with the market. This is neither a particularly positive nor negative signal, hence the neutral score. The relevance is high as the news directly pertains to Lowe's Companies. The importance is moderate as analyst ratings can influence investor sentiment but are not the only factor. The confidence is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100