Citigroup Raised Its PT For Lowe's To $26, Maintained Its Ho

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Citigroup bumped its target price for Lowe's (NYSE:LOW) to $26.00 from $25.00 and maintained its hold rating, after the company's Q4 earnings report beat their estimate.The bank raised its 2011 EPS estimate to $1.44 from $1.41, vs. consensus estimates of $1.42 per share, and its 2012 EPS estimate to $1.73 from $1.63, vs. consensus estimates of $1.67 per share.Lowe's has a potential upside of 7.9% based on a current price of $25.19 and an average consensus analyst price target of $27.17.

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