Lowe's forecasts muted annual profit on uncertain economy, cautious spending

Go back to Lowe's forecasts muted annual profit on uncertain economy, cautious spending

Lowe's (LOW) PT Lowered to $295 at Truist Securities

February 26, 2025 1:30 PM EST

Truist Securities analyst Scot Ciccarelli lowered the price target on Lowe's (NYSE: LOW) to $295.00 (from $308.00) while maintaining a Buy rating.

The analyst comments "4Q results were better than our above-Street forecast and Lowes first + comp since 3Q22. While Pros again posted +HSD comps, DIY... More