Research analysts at BNP Paribas started coverage on shares of Lowe’s Companies (NYSE:LOW) in a research note issued to investors on Monday, Briefing.com reports. The firm set a “neutral” rating and a $159.00 price target on the home improvement retailer’s stock. BNP Paribas’ price objective would suggest a potential downside of 3.63% from the company’s previous close.
A number of other research firms have also commented on LOW. Stifel Nicolaus raised their price objective on shares of Lowe’s Companies from $149.00 to $156.00 and gave the company a “buy” rating in a research report on Wednesday, June 17th. Guggenheim raised their target price on shares of Lowe’s Companies from $135.00 to $175.00 in a research note on Thursday, August 20th. Bank of America raised their target price on shares of Lowe’s Companies from $176.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, August