Lowe’s price target raised to $215 from $205 at Loop Capital

Loop Capital analyst Laura Champine raised the firm’s price target on Lowe’s to $215 from $205 and keeps a Hold rating on the shares. The firm has a “slightly” less bearish view on revenue. Lowe’s top-line is expected to decline below the comp trend after the sale of the Canadian business, but this is more than compensated for by higher margins near- and long-term, the analyst tells investors in a research note.