JP Morgan Maintains Overweight on Lowe's Companies, Raises Price Target to $268
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers maintains an Overweight rating on Lowe's Companies (NYSE:LOW) and raises the price target from $265 to $268.

February 28, 2024 | 2:42 pm
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JP Morgan analyst Christopher Horvers maintains an Overweight rating on Lowe's Companies and raises the price target from $265 to $268.
The increase in price target by a reputable analyst such as Christopher Horvers from JP Morgan is a positive signal for investors, indicating a bullish outlook on Lowe's Companies. This adjustment reflects confidence in the company's future performance and may lead to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100