Truist Securities Maintains Buy on Lowe's Companies, Raises Price Target to $269
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Lowe's Companies and raised the price target from $265 to $269.
August 21, 2024 | 1:52 pm
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Truist Securities has reaffirmed its Buy rating on Lowe's Companies and increased the price target from $265 to $269, indicating confidence in the company's future performance.
The increase in price target from $265 to $269 by Truist Securities suggests a positive outlook on Lowe's future performance. This is likely to boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100