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RBC Capital analyst Steven Shemesh maintains Lowe's Companies (NYSE:LOW) with a Sector Perform and lowers the price target from $264 to $232.
Lowe's stock fell despite strong Q1 results. JPMorgan maintains Overweight rating, BofA Securities cuts PT. Lowered Q2 guidance due to costs.
Lowe's (LOW) beats Q1 earnings and revenue estimates, reaffirms fiscal outlook. Analysts lower price targets but mostly maintain ratings.
TD Cowen analyst Max Rakhlenko maintains Lowe's Companies (NYSE:LOW) with a Hold and lowers the price target from $280 to $235.
B of A Securities analyst Elizabeth Suzuki maintains Lowe's Companies (NYSE:LOW) with a Neutral and lowers the price target from $260 to $257.
Piper Sandler analyst Peter Keith maintains Lowe's Companies (NYSE:LOW) with a Overweight and lowers the price target from $300 to $276.
Keybanc analyst Bradley Thomas maintains Lowe's Companies (NYSE:LOW) with a Overweight and lowers the price target from $300 to $275.
Baird analyst Peter Benedict maintains Lowe's Companies (NYSE:LOW) with a Outperform and lowers the price target from $320 to $270.
U.S. stocks closed higher as Trump's remarks on Iran spurred hopes for de-escalation. CNN Money's Fear and Greed index increased to 60.9.