JPMorgan raised the firm’s price target on Lowe’s (LOW) to $300 from $275 and keeps an Overweight rating on the shares. The firm views the company’s Q3 report as :better than feared.” Lowe’s’ pro share gains and improvement in certain big ticket categories make JPMorgan more positive that the company can keep the comp gap closer to Home Depot in 2026 despite a more remodel-oriented assortment, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LOW:
- Lowe’s Strong Financial Performance and Strategic Positioning Justify Buy Rating
- Lowe’s Resilience and Strategic Initiatives Drive Buy Rating Amid Macroeconomic Challenges
- Lowe’s price target raised to $284 from $282 at Bernstein
- Lowe’s Hold Rating: Strong Q3 Earnings with Cautious Outlook Amid Mixed Signals
- Lowe’s Reports Steady Q3 2025 Performance Amid Growth