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Benzinga
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Top Wall Street Forecasters Revamp Lowe's Expectations Ahead Of Q2 Earnings

1. LOW expected to report Q2 earnings of $4.24 per share. 2. Projected revenue for Q2 stands at $23.96 billion. 3. Analysts maintain mixed ratings on LOW's stock performance. 4. Guggenheim set a target price of $300 for LOW. 5. Citigroup cut its target price for LOW to $242.

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FAQ

Why Neutral?

Earnings expectations show growth, but mixed analyst ratings create uncertainty.

How important is it?

The upcoming earnings are critical; they can significantly sway investor sentiment.

Why Short Term?

Earnings report will influence price immediately, but broader trends matter longer term.

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