Bernstein Sticks to Their Buy Rating for Lowe’s (LOW)

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Bernstein analyst Zhihan Ma maintained a Buy rating on Lowe’s (LOW) with a $254 price target, noting the stock closed at $188.74. This follows a recent Buy from Melius Research, while Evercore ISI held a Hold rating. Ma has a 52.25% success rate in recommendations.

In a report released yesterday, Zhihan Ma from Bernstein maintained a Buy rating on Lowe’s, with a price target of $254.00. The company’s shares closed yesterday at $188.74.

Ma covers the Consumer Defensive sector, focusing on stocks such as Target, Walmart, and Costco. According to TipRanks, Ma has an average return of 2.6% and a 52.25% success rate on recommended stocks.

In addition to Bernstein, Lowe’s also received a Buy from Melius Research’s Michael Rehaut in a report issued on October 6. However, yesterday, Evercore ISI maintained a Hold rating on Lowe’s (NYSE: LOW).

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