Lowe's Cos. (LOW) Tops Q2 EPS by 2c; Cuts FY14 Comps Outlook
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Lowe's (LOW) PT Raised to $61 at BofA/Merrill Lynch
August 21, 2014 8:15 AM EDTBofA/Merrill Lynch analyst Denise Chai reiterated a Buy rating on Lowe's (NYSE: LOW) and bumped her price target of $61.00 (from $59.00) following Q2 results, saying they remain positive on growth opportunities.
"We maintain our Buy, as we believe the company will continue to... More
Lowe (LOW) Q2 Results Solid But Don't Surpass Bar, Morgan Stanley Says
August 20, 2014 9:37 AM EDTMorgan Stanley analyst Simeon Gutman weighed in on Lowe's (NYSE: LOW) following Q2 results, saying the results were solid overall but perhaps not good enough versus high expectations. Also,... More
Lowe's Cos. (LOW) Sees 2014 Share Repurchases of $3.4B, Capex of $1.2B
August 20, 2014 8:57 AM EDTLowe's Cos. (NYSE: LOW) posts slides for upcoming Q2 conference call (9AM). The company expects to repurchase $3.4B of stock in 2014 and sees capital expenditures of approximately $1.2B.
... More
Lowe's (LOW) Remains 'Buy' at BofA/Merrill Lynch Despite Lower Comp Outlook
August 20, 2014 8:01 AM EDTBofA/Merrill Lynch analyst Denise Chai immediately weighed in on Lowe's (NYSE: LOW) following in-line Q2 results and lower comp guidance, which has shares trading down 2.3% in pre-open trade.
The analyst noted 2Q EPS of $1.04 was in-line with their estimate and 1 cent above... More
