Zelman & Assoc Downgrades Lowe's Companies to Neutral, Announces $265 Price Target
Portfolio Pulse from Benzinga Newsdesk
Zelman & Assoc downgraded Lowe's Companies (NYSE:LOW) from Outperform to Neutral and set a price target of $265.

April 02, 2024 | 8:18 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Lowe's Companies was downgraded by Zelman & Assoc from Outperform to Neutral with a price target of $265.
Analyst ratings can significantly influence investor perception and stock price. The downgrade to Neutral suggests a more cautious outlook on Lowe's future performance, potentially leading to short-term price stabilization or slight decline. However, the set price target of $265 indicates a positive long-term view, mitigating immediate negative impacts.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100