Wells Fargo Maintains Overweight on Lowe's Companies, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem has maintained an 'Overweight' rating on Lowe's Companies (NYSE:LOW) and raised the price target from $245 to $250.
August 23, 2023 | 11:13 am
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Wells Fargo has maintained an 'Overweight' rating on Lowe's Companies and raised the price target from $245 to $250, which could positively impact the stock.
The raised price target by Wells Fargo indicates a positive outlook for Lowe's Companies. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100