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Fly News Breaks for September 17, 2018
LOW
Sep 17, 2018 | 08:38 EDT
Baird analyst Peter Benedict raised his price target on Lowe's to $130 from $120 following meetings with management. The analyst believes process improvements and cost discipline suggests three-year earnings power of $7-plus per share, which supports his increased price target. Benedict reiterated his Outperform rating on Lowe's shares.
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