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Fly News Breaks for December 13, 2018
HD, LOW
Dec 13, 2018 | 08:29 EDT
SunTrust analyst Keith Hughes lowered his price target on Lowe's (LOW) to $128 after its 2019 guidance and long-term outlook at its Analyst Day yesterday based on his modeled 13.8-times enterprise value to forward EBITDA estimate multiple. The analyst notes that the limited timing and quantification around the company's long-term operating margin targets were disappointing, even though he keeps his Buy rating on the shares and raises his FY19 EPS view to $6.03 from $5.73. Hughes also continues to view the turnaround at Lowe's as "more about them than beating Home Depot (HD)", claiming that the stock will be an "outperformer in a tough market for home improvement stocks."
News For LOW;HD From the Last 2 Days
HD
Mar 28, 2024 | 16:23 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
HD
Mar 28, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
HD
Mar 28, 2024 | 10:00 EDT
Home Depot, on its conference call discussing its agreement to acquire SRS Distribution, said it is suspending share repurchases until it gets back to its targeted 2.0 times adjusted debt to EBITDA.
LOW
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here