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flag Lowe's reported strong earnings despite Pioneer Trust Bank reducing its shares by 7.1%.

flag Pioneer Trust Bank sold shares of Lowe's Companies, reducing its holding by 7.1%, but Lowe's reported strong earnings of $1.93 per share, exceeding estimates. flag The company's revenue was $18.55 billion, slightly above forecasts. flag Despite a negative return on equity, Lowe's stock has a "Moderate Buy" consensus with a target price of $280.35. flag Recently, StockNews.com downgraded the stock to "hold."

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