Lowe's shares rally after earnings beat, full-year sales outlook raised
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Wolfe Research: 'We still expect the turn in home improvement demand to still be several quarters away as the lock-in effect'
November 19, 2025 9:45 AM ESTWolfe Research analyst Spencer Hanus reiterated an Outperform rating and $308.00 price target on Lowe's (NYSE: LOW).
The analyst comments "We still expect the turn in home improvement demand to still be several quarters away as the lock-in effect, affordability and lower home prices weigh on demand. Click here for our LOW initiation. (=) 3Q25 Results Better than Feared. SSS ticked up +0.4% but missed versus consensus at +1.0%. SSS accelerated... More
