Form 8-K LOWES COMPANIES INC For: Aug 20
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Lowe's (LOW) PT Lowered to $238 at RBC Capital
August 21, 2024 6:24 AM EDTRBC Capital analyst Steven Shemesh lowered the price target on Lowe's (NYSE: LOW) to $238.00 (from $245.00) while maintaining a Sector Perform rating.
The analyst comments "Continued comp softness and a guidance cut were expected. One could argue that the setup heading into FY'25 (a... More
Lowe's (LOW) PT Lowered to $275 at BofA Securities
August 21, 2024 6:15 AM EDTBofA Securities analyst Robert F. Ohmes lowered the price target on Lowe's (NYSE: LOW) to $275.00 (from $280.00) while maintaining a Buy rating.
The analyst comments "LOW reported F2Q25 adj. EPS of $4.10, ahead of our $4.00 est. Comps declined -5.1% y/y driven by continued softness... More
Lowe's (LOW) PT Lowered to $280 at Wells Fargo
August 21, 2024 5:19 AM EDTWells Fargo analyst Zachary Fadem lowered the price target on Lowe's (NYSE: LOW) to $280.00 (from $290.00) while maintaining a Overweight rating.
The analyst comments "Not a perfect setup; reasons to defend. Macro remains influx & the category isn't improving, but LOW Q2 update found a... More
DA Davidson Reiterates Neutral Rating on Lowe's (LOW)
August 20, 2024 3:22 PM EDTDA Davidson analyst Michael Baker reiterated a Neutral rating and $240.00 price target on Lowe's (NYSE: LOW).
The analyst comments "LOW missed published comp estimates and guided down. But this was expected as HD did the same last week for their core business. So true... More
Lowe's (LOW) PT Raised to $274 at Jefferies
August 20, 2024 3:20 PM EDTJefferies analyst Jonathan Matuszewski raised the price target on Lowe's (NYSE: LOW) to $274.00 (from $267.00) while maintaining a Buy rating.
The analyst comments "Following 2Q, we continue to see pent-up demand poised to accelerate comp sales and drive fixed cost leverage. As homeowners... More
Lowe's (LOW) PT Raised to $269 at Truist Securities
August 20, 2024 3:16 PM EDTTruist Securities analyst Scot Ciccarelli raised the price target on Lowe's (NYSE: LOW) to $269.00 (from $265.00) while maintaining a Buy rating.
The analyst comments "2Qs comp decline of (5.1%) vs. our (4.3%E), was similar to our in-line/- call; mrgs/EPS held-up well and posted slight... More
Stifel Reiterates Hold Rating on Lowe's (LOW)
August 20, 2024 3:16 PM EDTStifel analyst W. Andrew Carter reiterated a Hold rating and $250.00 price target on Lowe's (NYSE: LOW).
The analyst comments "We continue with our Hold rating for LOW shares largely maintaining our outlook including a cautious approach to FY25 with our conviction strengthened... More
