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LOW

Lowe's

$82.26

0.8 (0.98%)

07:47
10/06/17
10/06
07:47
10/06/17
07:47

Lowe's price target raised to $90 from $85 at Deutsche Bank

Deutsche Bank analyst Mike Baker raised his price target for Lowe's to $90 and reiterates a Buy rating on the name following meetings with management. The analyst says Lowe's remains one of his favorite retail ideas even after a 15% stock increase year-to-date. Baker continues to have a favorable fundamental view on the home center space as well as Lowe's specific initiatives.

  • 21

    Nov

LOW Lowe's
$82.26

0.8 (0.98%)

08/24/17
08/24/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Teva (TEVA) downgraded to Underperform from Neutral at Credit Suisse by analyst Vamil Divan, saying that while Teva has dramatically reduced 2017 guidance, the core challenges they are facing should not fade anytime soon. The analyst pointed out that pricing pressure and increased competition in the U.S. generics business will remain, the appointment of a full-time CEO is still pending and the threat of generic competition to Copaxone 40mg still looms. 2. Lowe's (LOW) downgraded to Market Perform from Outperform at BMO Capital by analyst Wayne Hood based on the company's results and guidance which he said were "disappointing." The analyst expects the company's profitability to remain "challenged" going forward. 3. Dick's Sporting (DKS) downgraded to Market Perform from Outperform at Cowen, saying it had overestimated the company's ability to achieve its prior guidance and maintain its profitability. Cowen pointed to a number of headwinds for Dick's, including increasing digital competition and the negative side of industry cyclical trends. 4. J.M. Smucker (SJM) downgraded to Neutral from Overweight at JPMorgan. 5. LaSalle Hotel (LHO) downgraded to Neutral from Outperform at Boenning & Scattergood by analyst Floris van Dijkum citing recent share outperformance and potential declining comparable EBITDA that could pressure future NAV. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/25/17
BARD
08/25/17
NO CHANGE
BARD
Outperform
Home Depot, Lowe's comps historically boosted by hurricanes, says Baird
Baird analyst Peter Benedict said that homecenters such as Home Depot (HD), Lowe's (LOW) and Tractor Supply (TSCO) historically see a positive impact on their comp sales, often of 50bps-plus, during quarters when hurricanes hit. In terms of potential exposure to Hurricane Harvey, Tractor Supply has the largest mix of Texas stores, followed by Home Depot and Lowe's, according to Benedict, who added that Harvey's potential impact seems likely to be less material than Hurricane Matthew or Hurricane Sandy, but should still "net out to some modest positive impact" to Q3 comps.
09/05/17
BOFA
09/05/17
INITIATION
Target $95
BOFA
Lowe's reinstated with a Buy at BofA/Merrill
BofA/Merrill analyst Elizabeth Suzuki reinstated Lowe's (LOW) with a Buy and a $95 price target saying it may be entering a period of "catch-up" versus Home Depot (HD) through share growth of pro customers, while benefiting from a favorable housing cycle.
09/12/17
OPCO
09/12/17
NO CHANGE
OPCO
Hardlines to benefit as hurricane cleanup efforts take hold, says Oppenheimer
Oppenheimer analyst Brian Nagel notes that the final tally of damages left behind by recent hurricanes is unlikely to be known for some time, and envisions a long and arduous period of cleanup and rebuilding across impacted regions. Nagel believes a collection of Hardlines names are particularly well positioned to capitalize upon a potential strengthening in underlying demand trends, including the leading home centers Home Depot (HD) and Lowe's (LOW), Lumber Liquidators (LL), Tractor Supply (TSCO), CarMax (KMX), and the auto parts chains AutoZone (AZO), O'Reilly Automotive (ORLY), Advance Auto Parts (AAP). Costco (COST) likely benefited as households stocked up on products ahead of storms, he adds.

TODAY'S FREE FLY STORIES

HDP

Hortonworks

$18.22

0.03 (0.16%)

09:55
02/21/18
02/21
09:55
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09:55
Conference/Events
Hortonworks management to meet with Northland »

Meeting to be held in…

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PVG

Pretium Resources

$6.56

-0.05 (-0.76%)

09:55
02/21/18
02/21
09:55
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09:55
Options
Pretium Resources put volume heavy and directionally bearish »

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  • 09

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    Mar

AAP

Advance Auto Parts

$115.88

10.53 (10.00%)

, EXR

Extra Space Storage

$84.86

4.105 (5.08%)

09:55
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02/21
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Options
Early notable gainers among liquid option names on February 21st »

Notable gainers among…

AAP

Advance Auto Parts

$115.88

10.53 (10.00%)

EXR

Extra Space Storage

$84.86

4.105 (5.08%)

MOS

Mosaic

$27.48

0.72 (2.69%)

CF

CF Industries

$42.80

0.975 (2.33%)

VRSK

Verisk Analytics

$97.04

-1.75 (-1.77%)

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    May

GVA

Granite Construction

$60.01

0.0066 (0.01%)

09:52
02/21/18
02/21
09:52
02/21/18
09:52
Conference/Events
Granite Construction management to meet with MKM Partners »

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    Feb

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CPS

Cooper-Standard

$120.74

-0.8988 (-0.74%)

09:51
02/21/18
02/21
09:51
02/21/18
09:51
Conference/Events
Cooper-Standard management to meet with Roth Capital »

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  • 22

    Feb

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    Mar

LEXEB

Liberty Expedia Holdings

09:50
02/21/18
02/21
09:50
02/21/18
09:50
Hot Stocks
Breaking Hot Stocks news story on Liberty Expedia Holdings  »

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ANET

Arista Networks

$249.53

-0.125 (-0.05%)

09:50
02/21/18
02/21
09:50
02/21/18
09:50
Conference/Events
Arista Networks management to meet with KeyBanc »

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  • 22

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LEXEB

Liberty Expedia Holdings

09:45
02/21/18
02/21
09:45
02/21/18
09:45
Hot Stocks
Breaking Hot Stocks news story on Liberty Expedia Holdings  »

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09:45
02/21/18
02/21
09:45
02/21/18
09:45
General news
Existing Home Sales to be reported at 10:00 »

January Existing Home…

PM

Philip Morris

09:43
02/21/18
02/21
09:43
02/21/18
09:43
Earnings
Philip Morris sees Q1 EPS about 87c, including 3c of favorable currency 

Consensus is 90c.

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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DVAX

Dynavax

$17.25

0.025 (0.15%)

09:41
02/21/18
02/21
09:41
02/21/18
09:41
Hot Stocks
Dynavax says CDC advisory committee recommends Heplisav-B »

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  • 21

    Feb

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  • 04

    Apr

GRMN

Garmin

$64.86

-0.35 (-0.54%)

, DUST

Direxion Daily Gold Miners Bear 3X ETF

09:40
02/21/18
02/21
09:40
02/21/18
09:40
Options
Unusually active option classes on open February 21st »

Unusual total active…

GRMN

Garmin

$64.86

-0.35 (-0.54%)

DUST

Direxion Daily Gold Miners Bear 3X ETF

STZ

Constellation Brands, also tag STZ.B

PEP

PepsiCo

$109.48

-1.58 (-1.42%)

XRT

S&P Retail Index SPDR

P

Pandora

GM

General Motors

MA

MasterCard

NXPI

NXP Semiconductors

$125.56

7.06 (5.96%)

MCD

McDonald's

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 21

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DKS

Dick's Sporting

09:38
02/21/18
02/21
09:38
02/21/18
09:38
Upgrade
Dick's Sporting rating change  »

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09:35
02/21/18
02/21
09:35
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09:35
General news
Treasury 5-year auction outlook: the $35 B sale is the second leg »

Treasury 5-year auction…

LJPC

La Jolla

$33.17

-0.7 (-2.07%)

09:35
02/21/18
02/21
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09:35
Hot Stocks
La Jolla announces treatment of first patient in Giapreza pediatric study »

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  • 28

    Feb

FNF

FNF Group

09:34
02/21/18
02/21
09:34
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09:34
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FNF Group analyst commentary  »

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AMSC

AMSC

$4.71

0.1 (2.17%)

09:33
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09:33
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AMSC announces $10M in D-VAR system orders »

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  • 11

    Mar

EXPE

Expedia

$104.10

0.25 (0.24%)

09:32
02/21/18
02/21
09:32
02/21/18
09:32
Recommendations
Expedia analyst commentary  »

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  • 21

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09:30
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General news
PMI Composite Flash Manufacturing â€' Level to be reported at 09:45 »

February PMI Composite…

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General news
PMI Composite Flash â€' Level to be reported at 09:45 »

February PMI Composite…

PM

Philip Morris

09:29
02/21/18
02/21
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09:29
Hot Stocks
Philip Morris says media stories confusing consumers on RRPs »

Says heated tobacco unit…

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GLRE

Greenlight Capital Re

$17.55

-0.5 (-2.77%)

09:28
02/21/18
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Hot Stocks
Breaking Hot Stocks news story on Greenlight Capital Re »

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  • 21

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FGP

Ferrellgas Partners

09:28
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Hot Stocks
Ferrellgas Partners announces sal of rail car assets of Bridger Rail Shipping »

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  • 08

    Mar

GOOGL

Alphabet Class A

$1,103.59

8.09 (0.74%)

09:27
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02/21
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09:27
Recommendations
Alphabet Class A analyst commentary  »

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  • 28

    Feb

FCAP

First Capital

09:26
02/21/18
02/21
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09:26
Hot Stocks
First Capital raises quarterly dividend to 23c per share »

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