TD Cowen Maintains Hold on Lowe's Companies, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Max Rakhlenko maintains a Hold rating on Lowe's Companies (NYSE:LOW) and raises the price target from $240 to $265.
September 19, 2024 | 3:54 pm
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TD Cowen analyst Max Rakhlenko maintains a Hold rating on Lowe's Companies and raises the price target from $240 to $265, indicating a positive outlook.
The increase in the price target from $240 to $265 suggests a positive outlook for Lowe's Companies, which could lead to a short-term price increase. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, which tempers the impact.
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IMPORTANCE 80
RELEVANCE 100