Lowe's (LOW) volatility flat; company sees FY12 same store sales up 1%-3%

Lowe's (NYSE: LOW) is recently up 29c to $27.45 in the premarket following the company seeing FY12 revenue up 1%-2%, consensus $50.2B. Jefferies has a $25 price target and say’s “GM% down more than expected.” Overall option implied volatility of 33 is near its 26-week average of 32.

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