Lowe’s upgraded to Obese by JPMorgan on future charge cuts


JPMorgan analysts improve Lowe’s (LOW) inventory to Obese, elevating the house enchancment retailer’s worth goal to $265 per share on the constructive relationship between rate of interest lower forecasts and residential initiatives. Yahoo Finance Stay anchors Brad Smith and Rachelle Akuffo break down the main points.

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Editor’s word: This text was written by Luke Carberry Mogan.