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.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100