Lowe’s price target lowered to $200 from $205 at Roth MKM

Roth MKM analyst David Bellinger lowered the firm’s price target on Lowe’s to $200 from $205 and keeps a Neutral rating on the shares following the Q4 earnings that were slightly ahead of expectations. Management’s commentary was incrementally cautious vs. its December’s analyst event, as consumers seemingly pull back across more parts of the store, the analyst tells investors in a research note.