** Shares of home improvement retailer Lowe's up about 5% at $230.89 premarket after third-quarter profit beats estimates
** Reports Q3 adjusted EPS of $3.06 vs. estimates of $2.97 - data compiled by LSEG
** Co raises annual sales target to $86 billion vs prior range of $84.5 billion to $85.5 billion, mainly due to a recent acquisition
** However, co expects annual adjusted EPS of $12.25 compared with its prior target of $12.20 to $12.45
** LOW fell 2.4% in the previous session, following rival Home Depot's HD.N dour results
** Up to last close, LOW down ~11% YTD
(Reporting by Sanskriti Shekhar in Bengaluru)
((Sanskriti.Shekhar@thomsonreuters.com))