Evercore ISI Group Maintains In-Line on Lowe's Companies, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'In-Line' rating for Lowe's Companies and raised the price target from $225 to $250.
August 21, 2024 | 1:17 pm
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Evercore ISI Group has maintained an 'In-Line' rating for Lowe's Companies and increased the price target from $225 to $250, indicating a positive outlook.
The increase in the price target from $225 to $250 by Evercore ISI Group suggests a positive outlook for Lowe's Companies. Maintaining an 'In-Line' rating indicates that the stock is expected to perform in line with the market. The raised price target is likely to have a positive short-term impact on the stock price as it reflects increased confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100