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Lowe’s price target raised to $230 from $225 at Loop Capital

Loop Capital analyst Laura Champine raised the firm’s price target on Lowe’s to $230 from $225 and keeps a Hold rating on the shares as part of a broader research note that follows the firm’s store checks ahead of the peak selling seasons in home improvement category. The firm is updating its model while modestly raising its sales and expense flow-through estimates, the analyst tells investors in a research note.

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