Lowe's Cos. (LOW) Misses Q3 EPS by 8c; Trims FY17 Outlook

UBS Cuts Price Target on Lowe's Cos. (LOW) Following 3Q Report

UBS maintained a Buy rating on Lowe's Cos. (NYSE: LOW), and cut the price target to $77.00 (from $80.00), following the company's 3Q earnings report.

Analyst Michael Lasser commented, "While its sales trends were softer than the industry, LOW exited the period with some... More

Jefferies Cuts Price Target on Lowe's Cos. (LOW) to $69 Following 3Q

Jefferies maintained a Hold rating on Lowe's Cos. (NYSE: LOW), and cut the price target to $69.00 (from $81.00), following the company's 3Q earnings report. EPS of $0.88 missed expectation of $0.96. FY17 adjusted EPS guidance was reduced to $3.92 from $4.01.

Analyst Daniel Binder commented, "Comp sales... More

Moody's Affirms Ratings on Lowe's Cos. (LOW); Outlook is Stable

Moody's Investors Service affirmed Lowes Companies, Inc.'s (NYSE: LOW) A3 senior unsecured ratings and P-2 short term commercial paper rating. The rating outlook is stable.

Ratings affirmated are:

Lowe's Companies, Inc.

- Commercial Paper rated P-2

- Multiple Seniority Shelf rated (P)A3

- Senior Unsecured Regular Bond/Debentures rated A3

Lowe's Companies Canada, ULC

- Senior Unsecured Regular Bond/Debentures rated A3

Outlook Actions are:

Lowe's Companies, Inc.

- Outlook remains Stable

Lowe's Companies Canada, ULC

- Outlook remains Stable

RATINGS RATIONALE

"The... More

BTIG Affirms Lowe's (LOW) at 'Buy' Amid Light Q3 Results, Weaker Outlook

BTIG affirms Lowe's Cos. (NYSE: LOW) at Buy with a price target of $80 following Q3 results and lowered outlook issued earlier Wednesday.

Thefirm commented today: 3Q16: Operating EPS of $0.88 below our in-line estimate of $0.96. Comps of 2.7% were slightly better than our 2.5% estimate.... More