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Fly News Breaks for May 24, 2017
LOW
May 24, 2017 | 09:36 EDT
Morgan Stanley analyst Simeon Gutman said Lowe's Q1 comps were light and earnings missed expectations, but comps ease and full year outlook remains intact. Given the pullback following the report, the analyst would use weakness as a buying opportunity and reiterates an Overweight rating and $88 price target.
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