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Fly News Breaks for November 20, 2019
LOW
Nov 20, 2019 | 17:47 EDT
Baird analyst Peter Benedict raised his price target on Lowe's to $145 and kept his Outperform rating, saying its Q3 results marked "another good progress report" that reinforced his positive thesis on the company. The analyst notes that Lowe's remains a "compelling turnaround story" offering "significant" long-term earnings growth power with "meaningful" opportunities to improve its execution across its lines of business.
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