Bank of America Downgrades Lowe's to Neutral Amid Weak Housing Market Conditions
On May 5, 2026, Bank of America downgraded Lowe’s (LOW) stock from Buy to Neutral with a $260 price target due to constrained earnings growth and weak housing turnover. The downgrade contrasts with the firm's reinstatement of Home Depot (HD) at Buy as its preferred name in the home improvement sector.
Topics: Home Improvement Housing Market Mortgage Rates Stock Downgrade