Home Depot raises forecasts after strong start to the year

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Home Depot (HD) Declares $0.69 Quarterly Dividend; 2.1% Yield

May 19, 2016 4:31 PM EDT

Home Depot (NYSE: HD) declared a quarterly dividend of $0.69 per share, or $2.76 annualized.

The dividend will be payable on June 16, 2016, to stockholders of record on June 2, 2016, with an ex-dividend date of May 31, 2016.

The annual yield on the dividend is 2.1... More

UBS Raises Price Target on Lowe's Cos. (LOW) to $88 Following 1Q; Reiterates Buy

May 19, 2016 9:30 AM EDT

UBS maintained a Buy rating on Lowe's Cos. (NYSE: LOW), and raised the price target to $88.00 (from $86.00),following the company's 1Q earnings report.

Analyst Michael Lasser commented, "There was a lot to like about LOW's 1Q. Its 1Q'16 comp of 7.2% exceeded our 4.5%... More

UBS Reiterates Buy on Home Depot (HD) Following 1Q EPS Beat

May 18, 2016 8:08 AM EDT

UBS reiterated a Buy rating and $150.00 price target on Home Depot (NYSE: HD) following the company's 1Q earnings report. HD reported EPS of $1.44, ahead of the consensus estimate of $1.35. The company raised FY16 EPS guidance to $6.27 (from $6.12-$6.18).

Analyst Michael Lasser commented, "We think HD's 1Q... More