DA Davidson Maintains Buy on Lowe's Companies, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker has maintained a Buy rating on Lowe's Companies (NYSE:LOW) and increased the price target from $258 to $270.
February 28, 2024 | 8:04 pm
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DA Davidson analyst Michael Baker has reaffirmed a Buy rating on Lowe's Companies and raised the price target from $258 to $270.
The increase in price target by DA Davidson reflects a positive outlook on Lowe's Companies, suggesting confidence in the company's future performance. This analyst endorsement is likely to instill investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100