Home Depot (HD), Lowe's (LOW) Hit on Cautious Comments
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Price: $77.01 -0.23%
Rating Summary:
7 Buy, 12 Hold, 0 Sell
Rating Trend:
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Today's Overall Ratings:
Up: 12 | Down: 19 | New: 21
Rating Summary:
7 Buy, 12 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 21
Trade HD Now!
Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) are lower early Tuesday, reacting to cautious comments from a Midwest boutique research firm.
The firm sees reduced order rates, and softer sales in Q2. The firm also said Lowe's is reducing its inventory target more than Home Depot.
Shares of HD are down 2.3 percent and LOW is down 3.4 percent.
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The firm sees reduced order rates, and softer sales in Q2. The firm also said Lowe's is reducing its inventory target more than Home Depot.
Shares of HD are down 2.3 percent and LOW is down 3.4 percent.
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