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Lowe’s price target raised to $304 from $301 at Bernstein

Bernstein analyst Zhihan Ma raised the firm’s price target on Lowe’s (LOW) to $304 from $301 and keeps an Outperform rating on the shares. The firm notes Lowe’s held its Investor Day in New York, reaffirming full year 2024 guide. The company also provided a first outlook for FY25, as well as a FY26-plus comp and margin algorithm.

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