RBC Capital Maintains Sector Perform on Lowe's Companies, Lowers Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Steven Shemesh has maintained a 'Sector Perform' rating on Lowe's Companies (NYSE:LOW) but has reduced the price target from $194 to $190.
November 27, 2023 | 3:59 pm
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RBC Capital analyst Steven Shemesh maintains a 'Sector Perform' rating on Lowe's Companies and lowers the price target from $194 to $190.
The reduction in price target by RBC Capital could lead to a negative perception among investors, potentially causing a short-term dip in Lowe's stock price. However, since the rating remains 'Sector Perform', the impact may not be significantly bearish.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100