Telsey Advisory Group Maintains Market Perform on Lowe's Companies, Lowers Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained a 'Market Perform' rating on Lowe's Companies (NYSE:LOW) but lowered the price target from $230 to $225.
October 04, 2023 | 9:11 am
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Lowe's Companies' price target has been lowered from $230 to $225 by Telsey Advisory Group, though the 'Market Perform' rating is maintained.
The news is directly about Lowe's Companies. The lowered price target could indicate a slightly less optimistic outlook for the company, but the maintained 'Market Perform' rating suggests that the analyst still expects the company to perform in line with the market. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100