TD Cowen Maintains Hold on Lowe's Companies, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Max Rakhlenko maintains a Hold rating on Lowe's Companies (NYSE:LOW) and raises the price target from $270 to $290.
October 28, 2024 | 12:41 pm
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TD Cowen analyst Max Rakhlenko maintains a Hold rating on Lowe's Companies and raises the price target from $270 to $290.
The increase in the price target from $270 to $290 suggests a positive outlook on Lowe's future performance, which could lead to a short-term positive impact on the stock price. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, which tempers the potential impact.
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IMPORTANCE 70
RELEVANCE 100