Why Lowe's Stock Is Trading Higher Today

Lowe's Companies LOW shares are trading higher on Tuesday. Gordon Haskett upgraded the stock from Hold to Buy and announced a price target of $151 per share.

Lowe's is the second-largest home improvement retailer in the world, operating just under 2,000 stores throughout the U.S. and Canada. The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling. Lowe's targets retail do-it-yourself and do-it-for-me customers as well as commercial business clients.

Lowe's shares were trading 1.8% higher at $131.67 during the time of publication on Tuesday. The stock has a 52-week high of $132.46 and a 52-week low of $60.

Related Links:

Lowe's Reports Q4 Earnings Beat

Lowe's Reports Q2 Earnings Beat

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