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Stock Market & Financial Investment News

News Breaks
March 14, 2014
05:37 EDTHD, LOWLowe's upgraded to Outperform from Perform at Oppenheimer
Oppenheimer upgraded its rating on Lowe's (LOW) to Outperform from Perform on expectations sales will improve as the winter weather gives way to more favorable spring conditions. The firm raised its price target for shares to $57 from $50. Opco keeps an Outperform rating on Lowe's competitor Home Depot (HD) and raised its price target for those shares to $93 from $86.
News For LOW;HD From The Last 14 Days
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June 30, 2015
10:00 EDTLOWOn The Fly: Analyst Upgrade Summary
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08:03 EDTLOWLowe's upgraded to Outperform at BMO Capital
As previously reported, BMO Capital upgraded Lowe's (LOW) to Outperform and increased its price target to $81 from $73. The firm's State Economic Scoreboard research indicates stronger relative housing improvement and overall economic activity in Southeastern states, where Lowe's has a larger store footprint. The firm said sales to the Pro segment could accelerate and potentially narrow the gap in comp-store sales with Home Depot (HD) if growth broadens in the coming months. Additionally, strengthening Q2 housing metrics and robust relative traffic give the firm increased confidence in its 4% Q2 comp-store sales forecast for Lowe's.
06:02 EDTLOWLowe's upgraded to Outperform from Market Perform at BMO Capital
June 24, 2015
10:21 EDTLOWLowe's says more focused on asset productivity rather than square footage
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June 23, 2015
07:15 EDTLOWOppenheimer to hold a conference
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