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

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

November 17, 2016 9:30 AM EST

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

Telsey Downgrades Lowe's (LOW) to Market Perform

November 17, 2016 7:28 AM EST

Telsey downgraded Lowe's (NYSE: LOW) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Lowe's click here. For more ratings news on Lowe's click here.

Shares of Lowe's closed at $67.02 yesterday.

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

November 16, 2016 4:29 PM EST

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

Pre-Open Stock Movers 11/16: (SINO) (DCIX) (TGT) Higher; (PDLI) (FLXN) (LOW) Lower (more...)

November 16, 2016 9:28 AM EST

Today's Pre=Open Stock Movers

Sino-Global Shipping America (NASDAQ: SINO) 43.1% HIGHER; shipping stocks continue higher, although DRYS is now halted on info request from NASDAQ.

DryShip (NASDAQ: DRYS) 40% HIGHER; surged again before being halted on info request from... More

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

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

November 16, 2016 6:10 AM EST

Lowe's Cos. (NYSE: LOW) reported Q3 EPS of $0.88, $0.08 worse than the analyst estimate of $0.96. Revenue for the quarter came in at $15.7 billion versus the consensus estimate of $15.86 billion.

Comparable sales increased 2.7 percent. The Street was looking for a 3.2 percent increase.

Fiscal... More

Trading Radar for 11/16: Cisco Systems (CSCO), Lowe's (LOW), Target (TGT), JinkoSolar (JKS), Meritor (MTOR) Report

November 15, 2016 3:17 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

PPI - Street sees 0.3%Core PPI - Street sees 0.2%

9:15am EST

Industrial Production - Street sees 0.2%Capacity Utilization - Street sees... More

Lowes (LOW) calls more active than puts into Q3 and outlook

November 15, 2016 2:55 PM EST

Lowe's Cos. (NYSE: LOW) November call option implied volatility is at 68, December is at 29; compared to its 52-week range of 16 to 39 into Q3. November 69 and 70 calls are active on total call volume of 32K contracts (19K puts).

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Home Depot maintains full-year sales forecast, disappointing investors

November 15, 2016 6:13 AM EST

By Sruthi Ramakrishnan

(Reuters) - Home Depot Inc (NYSE: HD), the No. 1 U.S. home improvement chain, did not lift its full-year sales forecast, implying a weaker-than-expected fourth quarter amid an improving housing market and higher consumer spending in the United States.

The company also raised its full-year earnings forecast only to account for lower tax provisions and outstanding share count.

Home Depot shares fell as much as 3 percent on Tuesday morning, reversing course from premarket when they gained after the company reported third-quarter profit and sales that beat analysts' estimates.

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