Vetr Upgrades Lowe's To 4.5 Stars
Lowe’s Companies, Inc. (NYSE: LOW) shares are trading up just over 7.75 percent over the past month entering Friday’s open, and the Vetr community has upgraded the company from 4 to 4.5 stars. The retail company hit 52 week highs in early July and will report earnings on August 17.
Vetr members have given Lowe’s a Strong Buy rating and a $92.50 price target. This price target is higher than the $84.00 price target from Wall Street analysts. The company opened Friday around $81.60.
Of all Vetr raters, 75 percent believe traders and investors should buy Lowe’s stock.
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