Telsey Advisory Raises Lowe's (LOW) Outlook on Solid Demand and Execution Strength

2026-03-10 11:53:20

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Telsey Advisory has raised its price target for Lowe’s (LOW) to $295 from $285, reiterating an Outperform rating, following better-than-expected Q4 results despite a cautious FY26 outlook. The firm remains confident in Lowe’s ability to gain market share even with a sluggish housing market and consumer spending limitations. Lowe’s faces challenges from delayed renovation projects due to economic uncertainty and new tariff policies, yet delivered solid Q4 performance with a 1.3% increase in same-store sales and adjusted earnings ahead of estimates.

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