Loop Capital Maintains Hold on Lowe's Companies, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Laura Champine maintains a 'Hold' rating on Lowe's Companies (NYSE:LOW) and raises the price target from $215 to $225.
August 23, 2023 | 5:17 pm
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Loop Capital maintains a 'Hold' rating on Lowe's Companies and raises the price target from $215 to $225. This could potentially influence investor sentiment and the stock's price.
The raised price target by Loop Capital indicates a positive outlook for Lowe's Companies. However, the 'Hold' rating suggests that the stock is expected to perform in line with the market, which doesn't necessarily imply a significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100