Telsey Advisory Group Maintains Market Perform on Lowe's Companies, Raises Price Target to $230
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman maintains a 'Market Perform' rating on Lowe's Companies (NYSE:LOW) and raises the price target from $225 to $230.
August 23, 2023 | 9:36 am
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The price target for Lowe's Companies has been raised from $225 to $230 by Telsey Advisory Group, maintaining a 'Market Perform' rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could potentially lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100