Lowe’s price target lowered to $301 from $306 at Bernstein

Bernstein lowered the firm’s price target on Lowe’s (LOW) to $301 from $306 and keeps an Outperform rating on the shares. The firm notes the company reported Q3 earnings with a hurricane-led top line beat and raise. However, this was not enough to lift sentiment as investors focus on housing macro, Bernstein adds.