Lowe's Reports Second Quarter Sales and Earnings Results

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Morgan Stanley Remains Bullish on Lowe's Cos. (LOW) Following 2Q

August 18, 2016 11:41 AM EDT

Morgan Stanley reiterated an Overweight rating and $87.00 price target on Lowe's (NYSE: LOW) following the company's 2Q earnings report.

Analyst Simeon Gutman commented, "Q2 was a setback for the LOW story, but we remain OW as we see a stock in a... More