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Fly News Breaks for April 12, 2016
LOW, HD
Apr 12, 2016 | 09:57 EDT
Cleveland Research raised Home Depot's (HD) and Lowe's (LOW) Q1 comp estimate by 100bps each, or to 7.5% and 6%, respectively. The firm said Q1 upside is being driven by underlying demand strength across a number of categories that can continue through 2016.
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