Form 8-K LOWES COMPANIES INC For: Nov 16
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Moody's Affirms Ratings on Lowe's Cos. (LOW); Outlook is Stable
November 16, 2016 4:29 PM ESTMoody'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
November 16, 2016 8:26 AM ESTBTIG 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
