Market Overview

Vetr Upgrades Lowe's On New All-Time High

Share:

The Vetr crowd upgraded its rating for Lowe's Companies, Inc. (NYSE: LOW) from 1.5 stars (Strong Sell), issued five days ago, to 3 stars (Hold). Crowd sentiment at the time of the upgrade was still mostly cautious, with 88 percent of Vetr user ratings bearish.

Share price in Lowe's reached a new all-time high of $84.47 on Monday. The stock had been on a distinct uptrend following a positive Q4 earnings report at the beginning of March.

Lowe's finished the April 24 trading day up at $84.17. This marks the stock's fifth successful close of the last six, a streak that was only interrupted after the company announced its pricing of $3 billion note offering on April 19.

Learn how crowdsourced ratings could help you time the market.

Currently, the Vetr crowd's average target price for Lowe's is down at $83.11, which is just about even with the average analyst target price of $83.15. Less than 2 percent of Vetr users are holding LOW in their watch lists.

 

Related Articles (LOW)

View Comments and Join the Discussion!

Posted-In: LOWUpgrades Price Target Crowdsourcing Analyst Ratings

Latest Ratings

StockFirmActionPT
ASMLWells FargoMaintains430.0
COSTOppenheimerMaintains355.0
SAPRBC CapitalMaintains150.0
BYNDBernsteinMaintains133.0
CMGCredit SuisseMaintains1,150.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com