Barclays analyst Matthew McClintock downgraded Lowe's to Equal Weight from Overweight and lowered his price target for the shares to $105 from $120. The analyst acknowledges the "significant longer-term value creation opportunity" at the company, but believes it is unproven that Lowe's can accelerate comps into decelerating macro and industry trends in 2019. Many of Lowe's turnaround initiatives are based on either better labor execution or major investments, and neither of these are likely to drastically change its near-term results, adds the analyst. He believes the stock's isk profile is "heightened for the time being."