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Lowe’s beats earnings, raises outlook, cuts 600 corporate jobs, stock opens at $287.36.
Analysts at Gordon Haskett raised Lowe’s price target to $325, citing strong earnings and a positive outlook, while maintaining a “buy” rating.
The home improvement retailer reported fourth-quarter earnings of $3.06 per share, beating estimates by $0.09, with revenue of $20.81 billion, up 3.2% year-over-year.
The stock opened at $287.36 on February 14, 2026, with a market cap of $161.19 billion and a consensus “Moderate Buy” rating.
Lowe’s also announced the elimination of about 600 corporate roles to streamline operations.
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Lowe's supera las ganancias, eleva las perspectivas, corta 600 empleos corporativos, las acciones se abren en $287.36.