Morgan Stanley Maintains Overweight on Lowe's Companies, Raises Price Target to $255
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Overweight rating on Lowe's Companies (NYSE:LOW) and raised the price target from $235 to $255.
August 23, 2023 | 4:26 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on Lowe's Companies and raised the price target from $235 to $255, which could positively impact the stock.
The raised price target by Morgan Stanley 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