Argus raised the firm’s price target on Lowe’s (LOW) to $288 from $286 and keeps a Buy rating on the shares after its Q4 earnings beat. The company looks well positioned to deliver long-term earnings growth and market share gains, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LOW: