Why This Analyst Expects Lowe's To Outperform The Industry
Lowe’s Companies Inc (NYSE:LOW) reported better-than-expected earnings, similar to Home Depot (NYSE:HD), but announced its 2026 guidance short of expectations, according to Telsey Advisory Group.The Lowe’s Companies Analyst: Analyst Joseph Feldman maintained an Outperform rating, while raising the price target from $85 to $95.The Lowe’s Companies Thesis: The company reported earnings of $1.98 per share, topping the consensus of $1.94 per share, with the upside driven by higher sales and gross margins, Feldman said in the note.Check out other analyst stock ratings."Demand was ...Full story available on Benzinga.com
