These Analysts Revise Their Forecasts On Lowe's After Q2 Results
Portfolio Pulse from Lisa Levin
Lowe's Companies Inc (NYSE:LOW) reported better-than-expected Q2 earnings and reaffirmed its FY23 outlook. Despite a slight sales decline, the company's EPS of $4.56 beat the analyst consensus. Post-earnings, several analysts revised their price targets for Lowe's, with most raising their targets.
August 23, 2023 | 1:48 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lowe's reported better-than-expected Q2 earnings and reaffirmed its FY23 outlook. Several analysts revised their price targets for Lowe's, mostly upwards.
Lowe's reported better-than-expected Q2 earnings and reaffirmed its FY23 outlook, which is a positive signal for investors. The fact that several analysts revised their price targets upwards indicates a positive sentiment towards the stock, which could drive its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100