HSBC Initiates Coverage On Lowe's Companies with Hold Rating, Announces Price Target of $250
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Daniela Bretthauer initiates coverage on Lowe's Companies with a Hold rating and a price target of $250.
September 22, 2023 | 11:08 am
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HSBC has initiated coverage on Lowe's Companies with a Hold rating and a price target of $250.
The news of HSBC initiating coverage on Lowe's Companies with a Hold rating and a price target of $250 is directly related to the company. This could influence investor sentiment and potentially impact the stock's price. However, a Hold rating suggests that the stock is expected to perform in line with the market or other comparable stocks, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100