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Lowe’s Cos. (NYSE:LOW) was downgraded by research analysts at Goldman Sachs Group Inc. from a “buy” rating to a “neutral” rating in a report released on Friday, TheFlyOnTheWall.com reports. They currently have a $51.00 target price on the stock, down from their previous target price of $54.00. Goldman Sachs Group Inc.’s price target points to a potential upside of 10.70% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet reiterated a “buy” rating on shares of Lowe’s Cos. in a research note to investors on Tuesday, January 28th. Separately, analysts at Ned Davis Research downgraded shares of Lowe’s Cos. from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, January 21st. Fourteen research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $47.80.

Lowe’s Cos. (NYSE:LOW) opened at 46.07 on Friday. Lowe’s Cos. has a 52-week low of $35.86 and a 52-week high of $52.08. The stock’s 50-day moving average is $47.85 and its 200-day moving average is $47.4. The company has a market cap of $48.181 billion and a P/E ratio of 22.29.

Lowe’s Cos. (NYSE:LOW) last posted its quarterly earnings results on Wednesday, November 20th. The company reported $0.47 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.48 by $0.01. The company had revenue of $12.96 billion for the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter last year, the company posted $0.40 earnings per share. Lowe’s Cos.’s revenue was up 7.3% compared to the same quarter last year.

Lowe’s Companies, Inc (NYSE:LOW) is a home improvement retailer.

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