Friedman Billings Initiates Coverage on Lowe's (LOW) and Home Depot (HD)
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Friedman Billings initiates coverage on Lowe's (NYSE: LOW) with a Market Perform rating. Price target $26.
Friedman initiates coverage on Home Depot (NYSE: HD) with an Outperform. Price target $32.
Lowe’s Companies, Inc. is a home improvement retailer, with specific emphasis on retail do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers, who utilize its installation services, and commercial business customers.
The Home Depot, Inc. is a home improvement retailer. The Company, together with its subsidiaries, operates The Home Depot stores, which are full-service, warehouse-style stores.
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