Bernstein Initiates Coverage On Lowe's Companies with Outperform Rating, Announces Price Target of $323
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Dean Rosenblum has initiated coverage on Lowe's Companies with an Outperform rating and set a price target of $323.
October 22, 2024 | 4:21 pm
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POSITIVE IMPACT
Bernstein has initiated coverage on Lowe's Companies with an Outperform rating and a price target of $323, indicating a positive outlook.
The initiation of coverage with an Outperform rating and a specific price target of $323 by Bernstein suggests a positive sentiment towards Lowe's Companies. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100