RBC Capital Initiates Coverage On Lowe's Companies with Sector Perform Rating, Announces Price Target of $194
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Steven Shemesh has initiated coverage on Lowe's Companies (NYSE:LOW) with a Sector Perform rating and a price target of $194.
November 07, 2023 | 3:31 pm
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Lowe's Companies has been initiated with a Sector Perform rating by RBC Capital, with a price target of $194.
The initiation of coverage by RBC Capital with a Sector Perform rating suggests that the analyst believes Lowe's Companies' stock will perform approximately in line with the rest of the market. The price target of $194 indicates where the analyst believes the stock price will move in the future. This news is highly relevant to Lowe's Companies and moderately important for investors, as it provides a benchmark for future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100