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Lowe's Cos. closed $40.12 short of its 52-week high ($287.01), which the company achieved on October 15th.
However, the stock appears relatively expensive compared to its median P/E level of 18.71, observed over the past year. A recent dip in Lowe’s stock price may have contributed to its discounted P/E.
Lowe's (LOW) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
(see more details here). Lowe’s Companies, Inc. (NYSE:LOW) is an American retail company, specializing in home improvement. The stock has surged by over 11.5% in the past 12 months, grabbing ...
Mizuho increased their target price on shares of Lowe’s Companies from $282.00 to $305.00 and gave the stock an “outperform” rating in a report on Thursday. Barclays boosted their price ...
Home Depot and Lowe's both face tough macroeconomic headwinds. Home Depot is growing faster and continues to open new stores. Lowe's is shrinking and struggling to keep pace with Home Depot.
Lowe's Companies, Inc. (NYSE ... it could disappoint investors and put pressure on the stock price. An improving interest rate environment, particularly if the Federal Reserve begins cutting ...