B of A Securities Maintains Buy on Lowe's Companies, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Elizabeth Suzuki maintains a Buy rating on Lowe's Companies but lowers the price target from $280 to $275.
August 21, 2024 | 2:55 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Lowe's Companies but lowers the price target from $280 to $275, indicating a slight adjustment in expected valuation.
The Buy rating suggests continued confidence in Lowe's performance, but the lowered price target indicates a slight reduction in expected valuation. This could lead to a neutral short-term impact as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100