Loop Capital Maintains Hold on Lowe's Companies, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Hold rating on Lowe's Companies while raising the price target from $230 to $250, indicating a positive outlook on the stock.
October 02, 2024 | 4:21 pm
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Loop Capital has maintained a Hold rating on Lowe's Companies, but raised the price target from $230 to $250, suggesting a more optimistic view on the stock's potential.
The increase in the price target from $230 to $250 by Loop Capital indicates a more positive outlook on Lowe's stock, which could lead to a short-term price increase. The Hold rating suggests that while the stock is not expected to outperform significantly, the raised target reflects improved expectations.
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IMPORTANCE 80
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