In Friday's industry update, Oppenheimer analyst Brian Nagel raised the price target on The Home Depot, Inc. (NYSE: HD) and Lowe's Companies, Inc. (NYSE: LOW) from $93 and $57 to $101 and $60, respectively. Nagel wrote, "While shares might lack a ...
On SEP 3, Lowe's Companies, Inc. (NYSE:LOW) announced it has agreed to sell $450 million of Floating Rate Notes due 2019, $450 million of 3.125% Notes due 2024 and $350 million of 4.250% Notes due 2044.
In addition, with Lowe's Companies, Inc.(NYSE:LOW) reducing its sales forecast just a day after rival Home Depot reported better-than-expected earnings and raised its guidance, Task says there's �something for bulls and bears alike� in the data.
Shares of Lowe's Companies, Inc. (LOW) closed up 1.57% yesterday despite the home-improvement retailer lowering its fiscal 2014 (FY14) guidance for sales growth and comparable store sales (comps) growth.