Market Overview

Stifel Sees Mixed Factors Ahead For Lowe's Companies

Related LOW
Nomura Initiates Coverage On Lowe's Companies, Home Depot
Benzinga's Top Initiations
Making Money With Charles Payne: 11/19/14 (Fox Business)

In a report published Wednesday, Stifel analyst David Schick reiterated a Hold rating on Lowe's Companies (NYSE: LOW).

In the report, Stifel noted, “LOW reported 2Q14 EPS of $1.04, above our $1.00 estimate and $1.02 consensus. Management maintained FY14 GAAP EPS guidance of $2.63 (or $2.60 on an adjusted basis). A lower than expected share count resulted in a positive $0.01 impact relative to our model. A higher than expected tax rate resulted in a negative ($0.04) impact relative to our model (netting to a combined negative ($0.03) impact relative to our model).”

Lowe's Companies closed on Tuesday at $51.52.

Latest Ratings for LOW

DateFirmActionFromTo
Dec 2014NomuraInitiates Coverage onNeutral
Dec 2014CitigroupMaintainsNeutral
Dec 2014BarclaysMaintainsEqual-weight

View More Analyst Ratings for LOW
View the Latest Analyst Ratings

Posted-In: David Schick StifelAnalyst Color Reiteration Analyst Ratings

 

Related Articles (LOW)

Around the Web, We're Loving...

Get Benzinga's Newsletters