Morgan Stanley Maintains Overweight on Lowe's Companies, Raises Price Target to $255
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Overweight rating on Lowe's Companies (NYSE:LOW) and raises the price target from $235 to $255.
August 24, 2023 | 1:38 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Lowe's Companies and raises the price target from $235 to $255.
The raised price target by Morgan Stanley indicates a positive outlook for Lowe's Companies. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100