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Longbow Upgrades Home Depot (HD), Lowe's (LOW) to Buy

May 26, 2010 9:06 AM EDT
HD Hot Sheet
Rating Summary:
    6 Buy, 9 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
An analyst at Longbow Research has upgraded shares of Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) from Neutral to Buy this morning. The firm sees Home Depot shares rising to $39 over the next year, and sees Lowe's trading up to $29.

Shares of Home Depot are trading about 0.9% higher in the pre-market session, while shares of Lowe's are up about 1.9%.

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