Piper Sandler Maintains Overweight on Lowe's Companies, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith has maintained an Overweight rating on Lowe's Companies (NYSE:LOW) and increased the price target from $218 to $245.
January 16, 2024 | 3:06 pm
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Piper Sandler has reaffirmed Lowe's Companies with an Overweight rating and raised the price target to $245, indicating a positive outlook on the stock.
The increase in price target by Piper Sandler suggests a bullish outlook on Lowe's Companies, which could lead to increased investor confidence and a potential rise in the stock price in the short term. Analyst ratings and price target adjustments are significant factors that investors consider when making investment decisions.
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IMPORTANCE 85
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