UBS analyst Michael Lasser raised the firm’s price target on Lowe’s (LOW) to $325 from $300 and keeps a Buy rating on the shares. Lowe’s print showed that it has many moving pieces working in its favor, setting the stage for the future, the analyst tells investors in a research note. The firm sees Lowe’s being one of the prime beneficiaries of a recovery in the housing cycle.
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Read More on LOW:
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