Lowes Cos. (LOW) Tops Q3 EPS by 5c; Comps Up 1.8%; Reaffirms
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Lowe's (LOW) Improved Performance "Just the Beginning" - UBS
November 20, 2012 1:00 PM ESTUBS maintained a Buy rating on Lowe's (NYSE: LOW) and raised its price target of $39.00 (from $36.00) following the recent release of the retailer's Q3 earnings report. Analysts said the quarter was a good step and see improvements going forward.
"In our view,... More
Lowe's (LOW) Tops Q3 Views on Solid Comps; Sees Stronger FY12 Sales
November 19, 2012 6:48 AM ESTLowe's (NYSE: LOW) shares are ticking higher Monday morning following solid third-quarter results issued earlier.
Sales rose 1.9 percent to $12.07 billion with comps up 1.8 percent (from a drop of 0.4 percent last quarter). Net earnings were 76 percent higher to $396 million, or 35 cents per share. After adjusting for one-time... More
