Lowe's sales beat on demand for appliances, outdoor equipment
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August 20, 2015 9:52 AM EDT
UBS maintained a Buy rating and $82.00 price target on Lowe's (NYSE: LOW) following the company's 2Q15 earnings report. LOW reported $1.20, missing consensus by 4c. Revenue was reported in-line with consensus at $17.3B. LOW reiterated its FY guidance despite its lower than expected EPS.
Analyst Michael Lasser... More
August 19, 2015 8:11 AM EDT
UBS analyst Michael Lasser reiterated a Buy rating and boosted his price target in Home Depot (NYSE: HD) to $138.00 (from $129.00) following another "stand out quarter." Lasser calls HD a "scarce company", and said the company is "building a dynasty."
"We think this was the type of... More
August 19, 2015 6:18 AM EDT
Lowe's Cos. (NYSE: LOW) reported Q2 EPS of $1.20, $0.04 worse than the analyst estimate of $1.24. Revenue for the quarter came in at $17.3 billion versus the consensus estimate of $17.3 billion.
Comparable sales increased 4.3 percent.
"We posted solid results for the quarter and were able to... More
