Lowe’s price target lowered to $285 from $305 at Telsey Advisory

Telsey Advisory lowered the firm’s price target on Lowe’s (LOW) to $285 from $305 and keeps an Outperform rating on the shares. Following Q3 results, the firm notes it expects Lowe’s to outperform the industry due to its Total Home strategy, the analyst tells investors. The firm is confident the company can navigate headwinds and continue to gain market share.