DA Davidson Maintains Neutral on Lowe's Companies, Lowers Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker maintains a Neutral rating on Lowe's Companies (NYSE:LOW) and lowers the price target from $270 to $240.

May 22, 2024 | 3:01 pm
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DA Davidson analyst Michael Baker has maintained a Neutral rating on Lowe's Companies and lowered the price target from $270 to $240. This suggests a cautious outlook on the stock's performance.
The lowered price target from $270 to $240 indicates a less optimistic view on Lowe's future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100