Lowe's Cos. (LOW) Misses Q1 EPS by 4c; Comps Rose 5.3%

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Jefferies Lowered Price Target on Lowe's Cos. (LOW) Following Q1

May 21, 2015 9:32 AM EDT

Jefferies maintains a Hold rating on Lowe's (NYSE: LOW), and lowered the price target to $68.00 (from $74.00), following Q1 results. LOW reported EPS of $0.70, missing consensus estimates of $0.74. Analyst Daniel Binder says that most retailers would be envious of Lowe's comp, but compared to the... More