Lowe’s upgraded to Overweight by JPMorgan on future rate cuts

JPMorgan analysts upgrade Lowe’s (LOW) stock to Overweight, raising the home improvement retailer’s price target to $265 per share on the positive relationship between interest rate cut forecasts and home projects. Yahoo Finance Live anchors Brad Smith and Rachelle Akuffo break down the details.

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Editor’s note: This article was written by Luke Carberry Mogan.

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Written by Moneyofficeteam

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