Stifel Maintains Hold on Lowe's Companies, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst W. Andrew Carter maintains a Hold rating on Lowe's Companies (NYSE:LOW) and raises the price target from $225 to $250.
May 13, 2024 | 4:54 pm
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Stifel analyst W. Andrew Carter maintains a Hold rating on Lowe's Companies and raises the price target from $225 to $250, indicating a positive outlook on the stock's value.
The increase in price target by Stifel suggests an improved outlook on Lowe's Companies' stock value, potentially leading to increased investor interest and a positive short-term impact on the stock price. The Hold rating indicates a stable outlook, suggesting that while significant upside may be limited, the stock is not expected to underperform.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100