25 Analysts Have This to Say About Lowe's Companies
Portfolio Pulse from Benzinga Insights
In the last quarter, 25 analysts have provided ratings for Lowe's Companies (NYSE:LOW), with 8 being bullish, 7 somewhat bullish, and 10 indifferent. The company has an average 12-month price target of $249.6, which has increased by 5.34% over the past month.
September 08, 2023 | 7:00 pm
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Analysts' ratings for Lowe's Companies are mostly positive, with an increasing 12-month price target, which could potentially boost investor confidence and positively impact the stock price in the short term.
Analysts' ratings are a significant factor that investors consider when making investment decisions. The majority of the 25 analysts have given positive or neutral ratings for Lowe's Companies, indicating a generally positive outlook. Furthermore, the increasing 12-month price target suggests that analysts expect the company's stock price to rise, which could encourage more investors to buy the stock, potentially driving up its price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100