Lowe's calms nerves with profit forecast raise after Home Depot sales warning

Go back to Lowe's calms nerves with profit forecast raise after Home Depot sales warning

Lowe's (LOW) PT Raised to $134 at RBC Capital; Remain 'Aggressive Buyers'

November 20, 2019 1:22 PM EST

RBC Capital analyst Scot Ciccarelli raised the price target on Lowe's (NYSE: LOW) to $134.00 (from $129.00) while maintaining a Outperform rating following results.

The analyst commented, "Lowes US comp results of +3% were a bit better than investor expectations following Home Depots report... More