$LOW Wells Fargo’s Zachary Fadem reiterated an Outperform rating and raised the target price from $110 to $125. Analysts universally appreciated Lowe’s second-quarter results, breathing a sigh of relief on gross margins, which Fadem called “a wildcard” headed into the print. Margins were much better than feared thanks to price changes and better promotions credited to Harrison’s new leadership said the analyst.