Oppenheimer analyst Brian Nagel reiterated an Outperform rating on Lowe's (LOW) and raised his price target to $140, telling investors in a research note that following a string of positive development at Lowe's, and with an eye toward 2019, he is increasingly confident that the components are in place to support a potentially meaningful fundamental strengthening at the chain. The analyst says shares remain under-owned as a portfolio holding by traditional retail stock investors and that new CEO Marvin Ellison should bring a new operational focus to the company and help narrow the gap in performance vs. rival Home Depot (HD).