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Home/News Feed/Nordea boosts stake in Lowe’s by 7.9%, while analysts raise price targets amid strong earnings.
LOW
$211.14
+$3.43 +1.65%

Nordea boosts stake in Lowe’s by 7.9%, while analysts raise price targets amid strong earnings.

Market News
23 Mar 2026
Defense World
View Source
Bullish
pluang ai news

Nordea Investment Management increased its holdings in Lowe’s Companies by 7.9% in Q4, owning over 443,000 shares worth $107 million. Several analysts raised their price targets for Lowe’s, reflecting confidence after the company reported better-than-expected Q4 earnings with $1.98 EPS and revenue growth of 10.9%. Lowe’s also announced a quarterly dividend of $1.20 per share. The stock trades with a moderate buy consensus and a market cap of $126 billion, signaling positive investor sentiment and growth prospects.

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