# Scot Ciccarelli from Truist Financial maintained a Buy rating on Lowe’s, with a price target of $255.00.

*business · news · 2026-05-26 · Markets Insider*

## Key points

- Truist Financial's Scot Ciccarelli reaffirmed a Buy rating on Lowe’s with a $255 price target.
- Lowe’s reported Q1 revenue of $23.08 billion, up from $20.93 billion last year.
- Lowe’s net profit for the quarter was $1.63 billion, slightly down from $1.64 billion last year.
- Corporate insider sentiment for Lowe’s is negative, with increased insider selling this quarter.
- EVP Quonta D Vance sold 10,369 shares worth $2.67 million in March 2026.

**Companies:** Lowe's, Truist Financial, Mizuho Securities
**Countries:** United States

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/truist-financial-keeps-their-buy-rating-on-lowe-s-low-1036193315)

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