How To Earn $500 A Month From Lowe's Stock Ahead Of Q1 Earnings Report
Portfolio Pulse from Avi Kapoor
Lowe's Companies, Inc. (NYSE:LOW) is set to release its Q1 earnings report, with analysts expecting a decrease in both earnings per share and revenue compared to the previous year. Evercore ISI Group has maintained an In-Line rating for Lowe's while raising the price target. The article also discusses how investors can earn monthly income from Lowe's dividends.
May 20, 2024 | 12:51 pm
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Lowe's is expected to report lower Q1 earnings and revenue compared to last year. Evercore ISI Group has maintained an In-Line rating while raising the price target to $250. The article also highlights the potential for earning monthly income from Lowe's dividends.
The expected decrease in earnings and revenue may have a neutral to slightly negative impact on the stock price in the short term. However, the raised price target by Evercore ISI and the focus on dividends could provide some support.
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