Lowe’s price target lowered to $280 from $295 at Telsey Advisory

Telsey Advisory lowered the firm’s price target on Lowe’s (LOW) to $280 from $295 and keeps an Outperform rating on the shares. Despite the uncertain macro landscape and tough housing market, Lowe’s continues to implement its playbook, which is yielding positive comparables results, the analyst tells investors. DIY consumer spending remained stable and Lowe’s maintained its 2026 guidance, the firm adds. The firm believes the higher end of the company’s EPS outlook is achievable.