Lowe's rises after Gordon Haskett upgrades to 'buy', hikes PT
ReutersJan 13, 2026 2:24 PM
Shares of home improvement retailer Lowe's LOW.N up ~1% at $274.10 premarket
Brokerage Gordon Haskett raises rating to “buy” from “hold”, citing signs of gradual improvement
Raises PT to $325 from $235, representing a premium of about 20% to stock's last close
Co to benefit from a better housing backdrop and internal productivity initiatives, noting “the tide is turning, and it’s time for the player to shine" - brokerage
Adds that aging housing stock, backlogs in professional category, supportive legislation and co’s tech-driven margin gains underpin the upgrade
23 of 36 brokerages rate the stock "buy" or "higher", 12 "hold" and one "sell"; their median PT is $280 - data compiled by LSEG
Stock fell about 2% in 2025
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