Lowe's Cos. (LOW) Tops Q1 Views, Guides Above the Street

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Lowe's (LOW): Demand Strong But Valuation Rich - Raymond James

May 19, 2016 9:32 AM EDT

Raymond James analyst, Budd Bugatch, reiterated his Market Perform rating on Lowe's (NYSE: LOW) following Lowes F1Q16 earnings release and conference call. The company delivered total sales and EPS ahead of our and consensus estimates and remarked that the environment is, and... 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