Oppenheimer Reiterates Perform on Lowe's Companies, Maintains $230 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Nagel reiterates a Perform rating on Lowe's Companies (NYSE:LOW) and maintains a $230 price target.

March 04, 2024 | 1:48 pm
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Oppenheimer maintains a Perform rating on Lowe's Companies with a $230 price target.
The reiteration of the Perform rating and maintenance of the $230 price target by Oppenheimer suggests a neutral outlook on Lowe's Companies' stock in the short term. This analysis is based on the assumption that the analyst's views are highly regarded in the market, but since there's no change in the rating or price target, the immediate impact on the stock price is likely to be minimal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100