Lowe's sales beat estimates; shares hit record high

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

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 Remains Sidelined on Target (TGT) Following 1Q Report - PT to $73

UBS maintained a Neutral rating on Target (NYSE: TGT), and cut the price target to $73.00 (from $82.00), following the company's 1Q earnings report.

Analyst Michael Lasser commented, "Based on TGT's commentary about its sales by region since Easter, it seems very... More

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

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

Piper Jaffray Cuts Price Target on Target (TGT) Following 1Q

Piper Jaffray maintained an Overweight rating on Target (NYSE: TGT), and cut the price target to $86.00 (from $87.00), following the company's 1Q earnings report.

Analyst Sean Naughton commented, "Target had a solid first quarter and clearly has been taking share, but... More

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

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