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Lowe’s (LOW) Stock Price: $240 Target And Overweight Rating - Pulse 2.0

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  • The shares of Lowe’s (NYSE: LOW) have received a $240 price target from Wells Fargo. These are the details.

The shares of Lowe’s (NYSE: LOW) have received a $240 price target from Wells Fargo. And Wells Fargo analyst Zachary Fadem is maintaining an “Overweight” rating on the shares.

Fadem adjusted the rating following the company’s first-quarter results. Last month, Lowe’s reported a Q1 EPS of $3.51, which was $0.27 higher than analyst estimates of $3.24. And the revenue for the quarter was $23.7 billion compared to the consensus estimate of $23.8 billion.

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Lowe’s (LOW) Stock Price: $240 Target And Overweight Rating - Pulse 2.0
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