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Lowe's Stock Eyes Record Highs After Bull Note
LOWLowe's(LOW) Schaeffers Investment Research·2024-09-24 13:12

Lowe's Companies Inc (NYSE:LOW) stock is up 1.2% ahead of today's trading, after a bull note from Oppenheimer. The analyst upgraded shares of the home improvement retailer to "outperform" from "market perform" and raised its target price to $305 from $230, citing promising long-term fundamentals and demand tailwinds following the Federal Reserve's interest-rate cut.Current analyst sentiment doesn't quite match LOW's price action. While the stock is up nearly 18% since the beginning of the year, 14 of 30 cov ...