Reported 1 day ago
Wells Fargo analyst Zachary Fadem has reduced the price target for Lowe’s Companies, Inc. (NYSE:LOW) from $300 to $260 while maintaining a Buy rating. This adjustment follows the company's mixed Q1 2025 results, where revenue fell to $20.93 billion, below expectations, despite an EPS of $2.92 surpassing forecasts. Lowe's continues to project sales of $83.5 to $84.5 billion for fiscal 2025, while acknowledging external factors impacting sales.
Source: YAHOO