Deutsche Bank Maintains $31 PT On LOW

Deutsche Bank is maintaining its $31 PT on shares of Lowe's Companies, Inc. (NYSE: LOW).

“This is in line with our average price target of 14x-15x for our hardline group, as well was in line with the 5 year average hardline multiple of about 15x,” Deutsche Bank writes.

Lowe's Companies closed Friday at $26.30.