Low mortgage rates are giving Lowe's a boost, Piper Jaffray says in upgrading the stock

Published Tue, Oct 15 20197:58 AM EDTUpdated Tue, Oct 15 20194:00 PM EDT

An employee organizes buckets for sale inside a Lowe's Cos. store in Burbank, California.

Patrick T. Fallon | Bloomberg | Getty Images

Low mortgage rates and increased home improvement spending a