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Stock Market & Financial Investment News

News Breaks
February 21, 2013
10:08 EDTHDHome Depot volatility increases as shares pull back into Q4 and outlook
Home Depot March put option implied volatility is at 26, April is at 24, May and August is at 23; compared to its 26-week average of 22 according to Track Data, suggesting decreasing price movement after the expected release of Q4 results on February 26.
News For HD From The Last 14 Days
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October 31, 2014
08:38 EDTHDHome Depot price target raised to $110 from $100 at RW Baird
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October 30, 2014
10:09 EDTHDLowe's, Home Depot rise after Goldman says housing outlook improved
Shares of Lowe's (LOW) and Home Depot (HD) are rising after Goldman Sachs became more upbeat on both companies. The firm said that the housing sector's improved outlook made the stocks more attractive. WHAT'S NEW: Goldman Sachs analyst Matthew Fassler upgraded Lowe's to Buy from Neutral and raised his price target on the shares to $63 from $58. He increased his price target on Home Depot to $103 from $100 but kept a Neutral rating on the stock. Fassler increased his estimates for both companies to reflect his greater optimism about the housing sector in 2015-2016. The analyst said that his upgrade of Lowe's also reflects his more upbeat view of retail stocks linked to housing, given the lack of cyclical challenges facing the housing market. Furthermore, Lowe's can increase its margins significantly, as they are much further below their peak than most of the company's peer, according to Fassler. Meanwhile, the big box, Do-It-Yourself retailers face little competition from Amazon (AMZN), added the analyst. PRICE ACTION: In early trading, Lowe's climbed 0.5% to $56.09, while Home Depot rose fractionally to $96.48.
06:28 EDTHDLowe's upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded Lowe's (LOW) to Buy saying housing is going through a multi-year recovery. Goldman believes the large home improvement retailers have limited risk of disruption by Amazon (AMZN). It raised its price target for Lowe's shares to $63 from $58. The firm keeps a Neutral rating on Home Depot (HD) but raised its price target for shares to $103 from $100.
October 27, 2014
10:32 EDTHDVeriFone rises after Barron's says Apple Pay positive for company
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October 21, 2014
06:22 EDTHDStaples may be latest retailer to be hacked, Krebs reports
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October 17, 2014
16:55 EDTHDStocks end volatile week lower amid oil price plunge
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