RBC Capital Maintains Sector Perform on Lowe's Companies, Lowers Price Target to $238
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has maintained a Sector Perform rating on Lowe's Companies but has lowered the price target from $245 to $238.
August 21, 2024 | 2:13 pm
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RBC Capital has maintained a Sector Perform rating on Lowe's Companies but has lowered the price target from $245 to $238.
The lowering of the price target by RBC Capital suggests a less optimistic outlook on Lowe's future performance, which could lead to a short-term negative impact on the stock price. The maintained Sector Perform rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100