Truist Securities Maintains Buy on Lowe's Companies, Lowers Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Truist Securities maintains a Buy rating on Lowe's Companies (NYSE:LOW) but lowers the price target from $271 to $265.
May 22, 2024 | 12:59 pm
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Truist Securities maintains a Buy rating on Lowe's Companies but lowers the price target from $271 to $265.
The Buy rating suggests continued confidence in Lowe's Companies' performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100