Lowe's Companies Inc (LOW) experienced a price increase of 3.00%, reaching a 20-day high, amid positive market conditions with the Nasdaq-100 up 0.85% and the S&P 500 up 0.60%.
This surge is attributed to Barclays analyst Seth Sigman's upgrade of Lowe's rating to overweight, along with a price target increase from $259 to $285, reflecting anticipated demand recovery from higher-income customers. The upgrade is expected to enhance Lowe's competitive edge, particularly in the DIY and pro segments, as market demand is projected to improve with changes in tax policy.
The implications of this upgrade suggest that Lowe's is well-positioned to benefit from a recovering housing market, which could lead to further stock price appreciation as investor confidence grows.
Wall Street analysts forecast LOW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LOW is 278.27 USD with a low forecast of 250.00 USD and a high forecast of 316.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Analyst Rating
Wall Street analysts forecast LOW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LOW is 278.27 USD with a low forecast of 250.00 USD and a high forecast of 316.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Buy
6 Hold
0 Sell
Moderate Buy
Current: 274.950
Low
250.00
Averages
278.27
High
316.00
Current: 274.950
Low
250.00
Averages
278.27
High
316.00
TD Cowen
Hold
maintain
$250 -> $295
2026-01-20
New
Reason
TD Cowen
Price Target
$250 -> $295
AI Analysis
2026-01-20
New
maintain
Hold
Reason
TD Cowen raised the firm's price target on Lowe's to $295 from $250 and keeps a Hold rating on the shares. The firm adjusted targets in the hardlines group. Planet Fitness is TD's top idea, followed by Home Depot and O'Reilly Automotive.
Truist
Buy
maintain
$269 -> $295
2026-01-16
Reason
Truist
Price Target
$269 -> $295
2026-01-16
maintain
Buy
Reason
Truist raised the firm's price target on Lowe's to $295 from $269 and keeps a Buy rating on the shares as part of a broader research note on Hardlines/Broadlines consumer names. The firm is citing its latest Truist Card reads and ICR holiday updates in adjusting its sales and earnings estimates, though it also believes that a significant increase in tax refunds will likely boost sales across the retail space in what are typically seasonally softer months, the analyst tells investors in a research note. For the company, sales trends have remained stable in December despite more difficult comparisons, the firm added.
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Barclays
Seth Sigman
Equal Weight -> Overweight
upgrade
$259 -> $285
2026-01-07
Reason
Barclays
Seth Sigman
Price Target
$259 -> $285
2026-01-07
upgrade
Equal Weight -> Overweight
Reason
Barclays analyst Seth Sigman upgraded Lowe's to Overweight from Equal Weight with a price target of $285, up from $259. The firm upgraded the shares as part of its broadlines, hardlines and food retail outlook for 2026. The analyst expects improvements in discretionary goods demand, especially among mid- and high-income consumers who will benefit from upcoming tax changes. Value-oriented retailers should continue to gain from ongoing low-income pressures, the analyst tells investors in a research note. On Lowe's, Barclays sees a "relatively attractive valuation." The upgrade reflects improvements in the company's do-it-yourself and pro business unit as well as potential upside from housing and pent-up demand, the firm contends.
Barclays
Equal Weight -> Overweight
upgrade
$285
2026-01-07
Reason
Barclays
Price Target
$285
2026-01-07
upgrade
Equal Weight -> Overweight
Reason
Barclays upgraded Lowe's to Overweight from Equal Weight with a $285 price target.
About LOW
Lowe's Companies, Inc. is a home improvement company. The Company offers a complete line of products for construction, maintenance, repair, remodeling, and decorating. It offers home improvement products in various categories, including appliances, seasonal and outdoor living, lumber, lawn and garden, kitchens and bath, hardware, building materials, millwork, paint, rough plumbing, tools, electrical, flooring, and decor. It is focused on offering a wide selection of national brand-name merchandise complemented by its selection of private brands. Its services include installed sales and Lowe's Protection Plans and Repair Services. The Company offers installation services through independent contractors in many of its product categories. It offers extended protection plans for certain products within the appliances, kitchens and bath, decor, millwork, rough plumbing, electrical, seasonal and outdoor living, tools, and hardware categories. It operates over 1,700 home improvement stores.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
