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Fly News Breaks for August 22, 2019
LOW
Aug 22, 2019 | 08:45 EDT
Wells Fargo analyst Zachary Fadem raised his price target for Lowe's to $125 from $110, while reiterating an Outperform rating on the shares. With "impressive" Q2 results putting Q1 concerns to rest, the analyst sees an "attractive setup" for shares with future re-rating potential ahead.