Truist Securities Maintains Buy on Lowe's Companies, Raises Price Target to $306
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Lowe's Companies and raised the price target from $269 to $306, indicating a positive outlook for the stock.
October 14, 2024 | 2:16 pm
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Truist Securities has maintained a Buy rating on Lowe's Companies and increased the price target from $269 to $306, suggesting a positive outlook for the stock.
The increase in the price target from $269 to $306 by Truist Securities indicates a strong positive sentiment towards Lowe's Companies. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100