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

November 16, 2016 8:26 AM EST

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