Lowe's Companies Reaches Analyst Target Price
April 28, 2017 at 08:53 AM EDT
In recent trading, shares of Lowe's Companies Inc (LOW) have crossed above the average analyst 12-month target price of $85.23, changing hands for $85.27/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..