Lowe's (LOW): Demand Strong But Valuation Rich - Raymond James
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UBS Raises Price Target on Lowe's Cos. (LOW) to $88 Following 1Q; Reiterates Buy
May 19, 2016 9:30 AM EDTUBS maintained a Buy rating on Lowe's Cos. (NYSE: LOW), and raised the price target to $88.00 (from $86.00),following the company's 1Q earnings report.
Analyst Michael Lasser commented, "There was a lot to like about LOW's 1Q. Its 1Q'16 comp of 7.2% exceeded our 4.5%... More
Lowe's Cos. (LOW) Tops Q1 Views, Guides Above the Street
May 18, 2016 6:08 AM EDTLowe's Cos. (NYSE: LOW) reported Q1 EPS of $0.98, or $0.87 ex-currency gain, versus the analyst estimate of $0.85. Revenue for the quarter came in at $15.2 billion versus the consensus estimate of $14.87 billion.
The first quarter results include an unrealized gain on a foreign currency hedge entered into in... More
