Evercore ISI Group Maintains In-Line on Lowe's Companies, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Melich maintains an In-Line rating on Lowe's Companies (NYSE:LOW) and raises the price target from $225 to $240.
August 23, 2023 | 4:33 pm
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POSITIVE IMPACT
Evercore ISI Group maintains an In-Line rating on Lowe's Companies and raises the price target from $225 to $240. This could potentially lead to an increase in the stock price.
The raised price target by Evercore ISI Group indicates a positive outlook for Lowe's Companies. This could potentially lead to an increase in the stock price as it suggests that the analyst believes the stock is worth more than its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100