Lowe’s (NYSE: LOW) received a number of price target changes and ratings updates during the last week:

  • Lowe’s had its price target raised by analysts at Morgan Stanley to $33.00. They now have an “overweight” rating on the stock.
  • Lowe’s had its “outperform” rating reaffirmed by analysts at RBC Capital. They now have a $33.00 price target on the stock.
  • Lowe’s had its “neutral” rating reaffirmed by analysts at Zacks. They now have a $32.00 price target on the stock.
  • Lowe’s had its price target raised by analysts at Deutsche Bank from $30.00 to $35.00. They now have a “buy” rating on the stock.
  • Lowe’s had its “neutral” rating reaffirmed by analysts at Piper Jaffray. They now have a $25.00 price target on the stock.
  • Lowe’s was downgraded by analysts at Zacks from a “neutral” rating to an “underperform” rating. They now have a $28.00 price target on the stock.

Lowe’s traded down 0.13% on Thursday, hitting $30.85. Lowe’s has a 52-week low of $20.24 and a 52-week high of $32.29. The company has a market cap of $35.186 billion and a price-to-earnings ratio of 20.70.

Lowe’s Companies, Inc. (Lowe’s) is a home improvement retailer. As of February 3, 2012, Lowe’s operated 1,745 stores, consisted of 1,712 stores across 50 United States, 31 stores in Canada and two stores in Mexico.