Telsey Advisory Group Maintains Market Perform on Lowe's Companies, Lowers Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained a 'Market Perform' rating on Lowe's Companies (NYSE:LOW) but reduced the price target from $225 to $215.
November 22, 2023 | 3:57 pm
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Telsey Advisory Group has maintained a 'Market Perform' rating on Lowe's Companies and lowered the price target from $225 to $215.
The reduction in price target by Telsey Advisory Group suggests a more conservative valuation of Lowe's Companies, which could lead to a negative perception among investors and potentially cause a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100