Bernstein Upgrades Lowe's (LOW) to Outperform

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Lowe's (LOW) raised at Bernstein as analyst bullish on long-term drivers of home improvement spending

September 5, 2023 11:29 AM EDT

Bernstein analyst Dean Rosenblum upgraded Lowe's Cos. (NYSE: LOW) to Outperform from Market Perform in a note on Tuesday, raising the price target for the stock to $282 from $252 per share.

The analyst stated in his note that the firm now sees a confluence... More