Lowe's shares jump as higher-spending customers drive profit beat

Go back to Lowe's shares jump as higher-spending customers drive profit beat

Raymond James Reiterates Outperform Rating on Lowe's (LOW)

August 22, 2019 8:15 AM EDT

Raymond James analyst Budd Bugatch reiterated an Outperform rating and $115.00 price target on Lowe's (NYSE: LOW) following the company's 2Q earnings report. Lowes delivered an encouraging second quarter with positive comparable sales and sequentially improved profitability metrics.

On its call,... More