Piper Jaffray Upgrades Lowe's Companies To Overweight

Analysts at Piper Jaffray upgraded Lowe's Companies, Inc. LOW from Neutral to Overweight. The price target for Lowe's Companies has been raised from $79 to $88. Lowe's Companies shares have gained 56.86% over the past 52 weeks, while the S&P 500 index has surged 12.97% in the same period. Lowe's Companies shares climbed 1.21% to $74.30 in pre-market trading.