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New highs are coming for Lowe's stock despite mixed results
LOWLowe's(LOW) MarketBeat·2024-02-27 15:59

Key PointsLowe's had a solid quarter despite YOY declines and shares are heading higher. Cash flow and capital returns are central to the story; guidance may be cautious given the operating environment. Analysts put upward pressure on the stock price; some of the freshest targets imply new all-time highs. 5 stocks we like better than Lowe's CompaniesAt face value, Lowe’s Companies NYSE: LOW had a rough Q4 compared to competitor Home Depot, but the details within the report belie that assessment. Comps were ...