UBS analyst Michael Lasser kept his Buy rating and $125 price target on Lowe's after meeting with its management, saying the "key message" was that the company is "unlocking its vast potential by addressing its shortcomings." In the near term, the analyst points to the company's "inventory investments in key pro categories that will lift its in-stocks." While he still sees "measured" financial progress in 2019, Lasser believes that Lowe's will have accelerating gains in 2020 and beyond as it scales its sales per sq ft to $370 from its recent level of $335.