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Fly News Breaks for May 24, 2018
HD, LOW
May 24, 2018 | 08:36 EDT
RBC Capital analyst Scot Ciccarelli raised his price target on Lowe's (LOW) to $104 and kept his Outperform rating, saying the company's Q1 comps were "unsurprisingly soft" due to the impact of cold weather. The analyst also notes that May sales appear to be "off to a strong start", and while the "structural challenges" will keep Lowe's from matching Home Depot (HD) performance, he believes that "positive home improvement trends" will support the stock price.
News For LOW;HD From the Last 2 Days
HD
Apr 26, 2024 | 07:10 EDT
Erste Group downgraded Home Depot to Hold from Buy.
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