Lowe's Companies shares are trading lower after Gordon Haskett downgraded the stock from Accumulate to Hold.
Portfolio Pulse from Benzinga Newsdesk
Lowe's Companies, Inc. (LOW) shares are trading lower following a downgrade by Gordon Haskett from Accumulate to Hold.
April 03, 2024 | 11:41 am
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Lowe's Companies, Inc. (LOW) stock is trading lower due to a downgrade by Gordon Haskett from Accumulate to Hold.
Analyst ratings can significantly influence investor sentiment and stock prices. The downgrade from 'Accumulate' to 'Hold' suggests a less optimistic outlook on LOW's stock, potentially leading to decreased investor confidence and a short-term decline in its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100