UBS Maintains Buy on Lowe's Companies, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser maintains a Buy rating on Lowe's Companies and raises the price target from $270 to $290.
August 21, 2024 | 1:53 pm
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POSITIVE IMPACT
UBS analyst Michael Lasser has reaffirmed a Buy rating for Lowe's Companies and increased the price target from $270 to $290, indicating a positive outlook.
The increase in the price target from $270 to $290 by UBS suggests a positive outlook for Lowe's Companies. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100