Home Depot maintains full-year sales forecast, disappointing investors
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UBS Cuts Price Target on Lowe's Cos. (LOW) Following 3Q Report
November 17, 2016 9:30 AM ESTUBS maintained a Buy rating on Lowe's Cos. (NYSE: LOW), and cut the price target to $77.00 (from $80.00), following the company's 3Q earnings report.
Analyst Michael Lasser commented, "While its sales trends were softer than the industry, LOW exited the period with some... More
Jefferies Cuts Price Target on Lowe's Cos. (LOW) to $69 Following 3Q
November 17, 2016 8:42 AM ESTJefferies maintained a Hold rating on Lowe's Cos. (NYSE: LOW), and cut the price target to $69.00 (from $81.00), following the company's 3Q earnings report. EPS of $0.88 missed expectation of $0.96. FY17 adjusted EPS guidance was reduced to $3.92 from $4.01.
Analyst Daniel Binder commented, "Comp sales... More
Moody's Affirms Ratings on Lowe's Cos. (LOW); Outlook is Stable
November 16, 2016 4:29 PM ESTMoody's Investors Service affirmed Lowes Companies, Inc.'s (NYSE: LOW) A3 senior unsecured ratings and P-2 short term commercial paper rating. The rating outlook is stable.
Ratings affirmated are:
Lowe's Companies, Inc.
- Commercial Paper rated P-2
- Multiple Seniority Shelf rated (P)A3
- Senior Unsecured Regular Bond/Debentures rated A3
Lowe's Companies Canada, ULC
- Senior Unsecured Regular Bond/Debentures rated A3
Outlook Actions are:
Lowe's Companies, Inc.
- Outlook remains Stable
Lowe's Companies Canada, ULC
- Outlook remains Stable
RATINGS RATIONALE
"The... More
UBS Reiterates Buy on Home Depot (HD) Following 3Q
November 16, 2016 9:17 AM ESTUBS reiterated a Buy rating and $145.00 price target on Home Depot (NYSE: HD) following the company's 3Q earnings report. HD reported comps of 5.5% (5.9% in the US), performing in-line with the 3Q category growth of 5.9%.
Analyst Michael Lasser commented, "While the market expressed some... More
Jefferies Cuts Price Target on Home Depot (HD) to $149 Following 3Q
November 16, 2016 8:05 AM ESTJefferies maintained a Buy rating on Home Depot (NYSE: HD), and cut the price target to $149.00 (from $158.00), following the company's 3Q earnings report. Management indicated that it was on plan to deliver on the sales guidance for FY17. This implies a little... More
