Lowe's expects 2022 sales to miss estimates as home improvement demand cools
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Lowe's (LOW) PT Raised to $300 at Jefferies
December 16, 2021 7:51 AM ESTJefferies analyst Jonathan Matuszewski raised the price target on Lowe's (NYSE: LOW) to $300.00 (from $290.00) while maintaining a Buy rating.
The analyst commented, "We're not surprised management expects home improvement industry spend to fall in '22 after record-setting growth in '20 & '21. While... More
