Oppenheimer Upgrades Lowe's Companies to Outperform, Raises Price Target to $305
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer has upgraded Lowe's Companies (NYSE:LOW) from Perform to Outperform, raising the price target from $230 to $305.
September 24, 2024 | 12:46 pm
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Oppenheimer has upgraded Lowe's Companies to Outperform and increased the price target to $305, indicating a positive outlook for the stock.
The upgrade from Perform to Outperform by Oppenheimer suggests increased confidence in Lowe's future performance. The significant raise in the price target from $230 to $305 indicates expectations of strong growth, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100