Credit score Suisse upgrades Lowe’s, sees low mortgage price increase

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Credit score Suisse upgrades Lowe’s, sees low mortgage price increase

An worker secures the lid of a Valspar Corp. paint can for a buyer inside a Lowe's retailer in Burbank, California.Patrick T. Fallon | Bloomberg |


An worker secures the lid of a Valspar Corp. paint can for a buyer inside a Lowe’s retailer in Burbank, California.

Patrick T. Fallon | Bloomberg | Getty Photos

Low mortgage charges and elevated residence enchancment spending are going to assist elevate Lowe’s inventory, in keeping with Credit score Suisse.

The agency upgraded the inventory to outperform from impartial and hiked Lowe’s 12-month worth goal to $129 per share from $114 per share.



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