Loop Capital Maintains Hold on Lowe's Companies, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Laura Champine maintains a Hold rating on Lowe's Companies (NYSE:LOW) and raises the price target from $220 to $225.
March 12, 2024 | 4:28 pm
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Loop Capital maintains a Hold rating on Lowe's Companies and increases the price target from $220 to $225.
The increase in price target by Loop Capital suggests a positive outlook on Lowe's Companies' stock value in the short term. While the Hold rating indicates a neutral stance on the stock's current position, the raised price target implies an expectation of some upward movement in the stock price, potentially making it a point of interest for investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100