Evercore ISI Group Maintains In-Line on Lowe's Companies, Lowers Price Target to $235
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst Greg Melich maintains an 'In-Line' rating on Lowe's Companies (NYSE:LOW) but lowers the price target from $240 to $235.
September 08, 2023 | 4:30 pm
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Evercore ISI Group has maintained its 'In-Line' rating on Lowe's Companies but lowered the price target from $240 to $235.
The news is directly about Lowe's Companies. The 'In-Line' rating suggests that the stock is expected to perform approximately as well as other companies in the market. However, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, which could potentially impact investor sentiment and the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100