Lowe's Stock Eyes Record Highs After Bull Note

Stock Performance and Analyst Sentiment - Lowe's Companies Inc (NYSE:LOW) stock is up 1.2% ahead of today's trading following a bullish note from Oppenheimer [1] - Oppenheimer upgraded Lowe's shares to "outperform" from "market perform" and raised the target price to $305 from$230, citing strong long-term fundamentals and demand tailwinds from the Federal Reserve's interest-rate cut [1] - Despite the stock's 18% year-to-date gain and 24.6% year-over-year increase, 14 out of 30 brokerages rate the stock a "hold," indicating potential for further upgrades [1] - Lowe's stock is nearing its all-time high of $263.31 from Dec 13, 2021, closing at$262.29 yesterday, with potential to set a new peak at the open [1] Options Trading and Volatility - Lowe's stock's Schaeffer's Volatility Index (SVI) of 20% ranks in the low 8th percentile of its annual range, indicating low volatility expectations among options traders [2] - The stock's Schaeffer's Volatility Scorecard (SVS) is 85 out of 100, showing that LOW has exceeded options traders' volatility expectations over the past year, benefiting premium buyers [2]