Analyst Simeon Gutman from Morgan Stanley maintained a Buy rating on Lowe’s (LOW – Research Report) and keeping the price target at $300.00.
Simeon Gutman has given his Buy rating due to a combination of factors that highlight Lowe’s strong execution and strategic positioning. Despite a neutral outlook for Q4’24 and 2025, Lowe’s is effectively managing its margins and benefiting from storm-related demand. The company’s guidance aligns with previous expectations set during the Analyst and Investor Conference, which the market is likely to view as a solid starting point.
Furthermore, Lowe’s is maintaining profitability in a challenging demand environment while investing in its Total Home strategy. The 2025 earnings guidance, although slightly below consensus, is seen as prudent and conservative, reflecting a cautious approach amid potential market changes. Lowe’s ability to hold margins steady despite a flat revenue outlook demonstrates the effectiveness of its productivity initiatives, reinforcing confidence in its strategic direction.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is neutral on the stock.