Wedbush Maintains Neutral on Lowe's Companies, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains a Neutral rating on Lowe's Companies (NYSE:LOW) and raises the price target from $215 to $250.

February 28, 2024 | 1:13 pm
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Wedbush analyst Seth Basham maintains a Neutral rating on Lowe's Companies but raises the price target from $215 to $250.
The increase in the price target from $215 to $250 by Wedbush reflects a positive outlook on Lowe's Companies' stock value in the short term, despite maintaining a Neutral rating. This adjustment suggests an expectation of stronger performance or favorable market conditions for Lowe's, potentially leading to an increase in investor confidence and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100