Lowe’s Earnings Are Coming. These Analysts Urge Caution.

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Lowe’s investors aren’t letting Home Depot ‘s muted guidance for 2023 get to them, but some analysts believe caution is still warranted ahead of the company’s earnings.

Lowe’s (ticker: LOW) stock closed 0.7% higher on Tuesday, a day before the home improvement retailer is slated to report fiscal fourth-quarter earnings for the quarter ended in January. Tuesday’s gains bring the stock up 3.2% this year, roughly in line with the S&P 500 ‘s 3.4%