{
  "id": 19335947,
  "title": "Bernstein raises Lowe’s stock price target to $270 on de-risked outlook",
  "url": "https://urgent.news/2026/11/10/bernstein-raises-lowes-stock-price-target-to-270-on-de-risked-outlook",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T13:14:45.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/bernstein-raises-lowes-stock-price-target-to-270-on-derisked-outlook-93CH-5015468"
  },
  "original_language": "en",
  "account": "Bernstein SocGen Group has increased its price target for Lowe’s Companies Inc. shares to $270 from $254, retaining an Outperform rating. The firm believes the company's expectations have become less risky as the company heads into third-quarter home improvement earnings. Bernstein does not factor in weather benefits or additional tariff refunds in their guidance for Lowe’s.\n\nAccording to Bernstein, Home Depot is expected to outperform Lowe’s in the third quarter, but the upside to Home Depot's expectations is seen as more limited. Home Depot's market cap stands at $352.6 billion and its P/E ratio is 24.93, with a 5.92% increase over the past week. However, InvestingPro analysis suggests that Home Depot is overvalued at its current price.\n\nBoth Lowe’s and Home Depot have benefited from lower oil prices and sector rotation away from artificial intelligence, according to Bernstein. A resolution of the Middle East conflict and moderation in inflationary expectations could potentially provide further upside for both stocks before a rebound in fundamental demand.\n\nBernstein's preference is for Lowe’s over Home Depot in the event of a recovery, as Lowe’s is expected to rebound more sharply due to its greater exposure to big-ticket, discretionary categories. The firm's de-risked guidance and valuation gap versus Home Depot make Lowe’s a more attractive risk/reward proposition.\n\nElsewhere, Evercore ISI has maintained its Outperform rating on Sherwin-Williams, with a price target of $400, citing the paint manufacturer's pricing power and market positioning ahead of its third-quarter earnings report. Home Depot, on the other hand, has received mixed analyst ratings, with UBS maintaining a Buy rating and a $420 price target, while Stifel has reiterated a Hold rating, citing decelerating pricing trends.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}