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Lowe’s price target raised to $250 from $240 at Evercore ISI

Evercore ISI raised the firm’s price target on Lowe’s (LOW) to $250 from $240 and keeps an In Line rating on the shares. With positive comps in three of the past four quarters, Lowe’s is showing signs of stabilizing, hinting at a potential bottom, the analyst tells investors in a post-earnings note.

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