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Added to YB: 2025-02-21

Pitch date: 2025-02-19

LOW [bullish]

Lowe's Companies, Inc.

+2.02%

current return

Author Info

No bio for this author

Company Info

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States.

Market Cap

$137.3B

Pitch Price

$242.40

Price Target

290.00 (+17%)

Dividend

1.96%

EV/EBITDA

13.47

P/E

20.29

EV/Sales

2.15

Sector

Specialty Retail

Category

value

Show full summary:
Evercore Adds Lowe’s (LOW) to Tactical Outperform, Price Target at $290

LOW: Evercore adds to Tactical Outperform list. PT $290. Expect 1% comp guidance reaffirmation at Q4 earnings. Undervalued at 20x P/E vs peers. Gained 70bps appliance market share in Q4. Home Improvement Lead Indicator supports +3% 2025 forecast. Upside potential given lowered expectations.

Read full article (1 min)