Lowe's shares are trading higher after Truist maintained its Buy rating on the stock and raised its price target from $269 to $306.
Portfolio Pulse from Benzinga Newsdesk
Lowe's shares are trading higher following Truist's decision to maintain a Buy rating and increase the price target from $269 to $306.
October 14, 2024 | 6:54 pm
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Truist has maintained its Buy rating on Lowe's and increased the price target from $269 to $306, leading to a rise in Lowe's share price.
The increase in price target by Truist from $269 to $306, along with the maintained Buy rating, is a positive signal to investors, suggesting confidence in Lowe's future performance. This has led to an increase in Lowe's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100